The Workforce Mobility Act, which aims to ban noncompete agreements (NCAs), has been considered by Congress several times in the past, but as of 2021, has yet to pass. Proponents of the Act posit NCAs purportedly reduce the welfare of workers, artificially restrict competition, and hamper the economy by depressing wages, limiting mobility, and inhibiting innovation.
Reflect on your own views of NCAs. Do you believe eliminating or restricting the use of NCAs is needed? Include an example (from your own experience or hypothetical) to support your opinion.