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October 21, 2021

U.S. Voters

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Tech Giants Get Hit By Executive Order

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Joe Biden takes a swing at Big Tech with this pro-competition executive order. John Iadarola and Brett Erlich break it down on The Damage Report. 

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Read more here: https://www.npr.org/2021/07/09/1014366577/biden-moves-to-restrict-non-compete-agreements-saying-theyre-bad-for-workers

"President Biden is making good on a campaign promise to curtail non-compete agreements.

As part of a sweeping executive order, Biden is asking the Federal Trade Commission to ban or limit such agreements, which restrict where you can work after leaving a job.

The move is part of a larger push from the administration to promote competition and remove barriers that stymie economic growth. The White House argues that non-competes drive down wages by making it harder for workers to switch to better-paying jobs."

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