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  4. U.S. business lobby group lambasts FTC over proposed ban on non-compete clauses
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U.S. business lobby group lambasts FTC over proposed ban on non-compete clauses

(Reuters) - The U.S. Chamber of Commerce criticized on Thursday a proposed rule of the Federal Trade Commission (FTC) that seeks to ban companies from having non-compete clauses...
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U.S. business lobby group lambasts FTC over proposed ban on non-compete clauses © Reuters. FILE PHOTO: Signage is seen at the Federal Trade Commission headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo

(Reuters) - The U.S. Chamber of Commerce criticized on Thursday a proposed rule of the Federal Trade Commission (FTC) that seeks to ban companies from having non-compete clauses with workers, saying such a move would harm economic growth and limit competition.

The FTC proposed the rule last week that would ban companies from requiring workers to sign non-compete provisions in contracts, in the latest sign from the Biden administration of its support for labor.

Companies generally use these provisions to keep workers from leaving for better jobs.

"It is not the role of government to direct the behavior of business, redistribute power in our economy, or undermine the competition that fuels free enterprise," the largest U.S. business group's President Suzanne Clark said at the State of American Business event.

The Chamber also said it could mount a legal challenge.

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31-03-2023 10:41:31 (UTC+7)

EUR/USD

1.0901

0.0000 (0.00%)

Summary

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Moving Avg:

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Sell (10)

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EUR/USD

1.0901

0.0000 (0.00%)

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Moving Avg:

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GBP/USD

1.2391

+0.0008 (+0.06%)

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USD/JPY

132.91

+0.26 (+0.20%)

Summary

Neutral

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AUD/USD

0.6716

+0.0009 (+0.14%)

Summary

Neutral

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USD/CAD

1.3526

+0.0006 (+0.04%)

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EUR/JPY

144.90

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EUR/CHF

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170.15

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20,507.00

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 EUR/USD1.0901↑ Sell
 GBP/USD1.2391↑ Sell
 USD/JPY132.91Neutral
 AUD/USD0.6716Neutral
 USD/CAD1.3526↑ Buy
 EUR/JPY144.90↑ Sell
 EUR/CHF0.9963↑ Sell
 Gold1,998.55↑ Sell
 Silver24.043↑ Sell
 Copper4.0880↑ Sell
 Crude Oil WTI74.34↑ Buy
 Brent Oil78.45Neutral
 Natural Gas2.100↑ Buy
 US Coffee C170.15Sell
 Euro Stoxx 504,285.42↑ Sell
 S&P 5004,050.83↑ Buy
 DAX15,522.40↑ Sell
 FTSE 1007,620.43↑ Sell
 Hang Seng20,507.00↑ Sell
 Small Cap 20001,768.38↑ Sell
 IBEX 359,207.10↑ Sell
 BASF47.900↑ Buy
 Bayer57.78↑ Buy
 Allianz211.80↑ Buy
 Adidas155.00Sell
 Lufthansa9.950Neutral
 Siemens AG148.52↑ Buy
 Deutsche Bank AG9.289Neutral
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Cập nhật lúc 10:35:49 31/03/2023
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