Trouble With Non-Compete Agreements
At their inception, non-compete agreements were intended to prevent former executives and senior management from transferring a business’s sensitive information—e.g., trade secrets, intellectual property, and certain proprietary information—to competitors. Today their use is much more widespread. Almost 20% of American workers are subject to non-compete agreements and 12% of those workers are in low-skill, low-wage jobs that do not involve trade secrets. What’s more, the u