- cross-posted to:
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- cross-posted to:
- [email protected]
The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own.
Lovely. Deterring people from claiming damages by making it have a high barrier of entry or financially stupid to follow through with. Not to mention, using an arbitration agreement to make it risky to start class-action lawsuits and obscure visibility so nobody else knows they could get compensation from a company’s misdeeds.
In other words, fuck the consumer. That sounds about right.
This is by no means in defense of the practice, but I remember taking a doctor’s de bene esse deposition, and afterwards he goes to the taking attorney “Hey, you’re paying me more than this case is worth, what gives?” And the attorney said the carrier is trying everything in an effort to deter people filing lawsuits for easy 5-10k payouts. I understand the rationale, but it still sucks.