” Major Blow to Biden Admin’s Anti-Business Campaign.” Federal Judge tosses out ban on business non-compete agreements.

Good. It was ridiculous for numerous reasons.  FTC Chair Lina Khan is a very young (35) hyper progressive. Worth taking the time to read below.

A federal judge on Tuesday struck down a Federal Trade Commission rule banning employers from offering workers contracts meant to prevent them from joining competitors or launching startups, dealing a significant blow to the Biden administration’s efforts to rein in employment practices that progressives view as unfair toward workers.

Texas Judge Ada Brown ruled that the FTC lacks the authority to enact sweeping competition rules like banning noncompete agreements between businesses and employees. A month ago, Brown temporarily blocked the FTC’s noncompete ban from taking effect after a challenge from the pro-business U.S. Chamber of Commerce, tax firm Ryan LLC, and other plaintiffs.

“The Commission’s lack of evidence as to why they chose to impose such a sweeping prohibition—that prohibits entering or enforcing virtually all non-competes—instead of targeting specific, harmful non-competes, renders the Rule arbitrary and capricious,” Brown said.

… Ryan initiated the lawsuit right after the FTC’s five commissioners voted 3-2 to enact the noncompete ban along partisan lines.

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The noncompete policy is a staple of FTC Chair Lina Khan’s aggressive antitrust agenda against big technology companies and other large corporations. One of the Biden administration’s most controversial appointees, Khan’s many critics have accused her of abusing the FTC’s authority and needlessly meddling with market outcomes.

“This decision is a significant win in the Chamber’s fight against government micromanagement of business decisions. A sweeping prohibition of noncompete agreements by the FTC was an unlawful extension of power that would have put American workers, businesses, and our economy at a competitive disadvantage,” said Chamber of Commerce CEO Suzanne P. Clark.