IL has this right, for once. Non-competes are anti-competitive and restrict the free market. They prevent other businesses from growing or competing when their competitors have locked up the marketplace for employees through draconian measures of restricting labor from entering into free contracts. It’s also anti-consumer because by unfairly restricting competition, it drives up prices for everyone. Companies can whine that they make an investment only to have other companies steal their employees – too bad then. Pay your employees enough money in the first place so that your competitors can’t poach them. And especially when it comes to low… Read more »
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
IL has this right, for once. Non-competes are anti-competitive and restrict the free market. They prevent other businesses from growing or competing when their competitors have locked up the marketplace for employees through draconian measures of restricting labor from entering into free contracts. It’s also anti-consumer because by unfairly restricting competition, it drives up prices for everyone. Companies can whine that they make an investment only to have other companies steal their employees – too bad then. Pay your employees enough money in the first place so that your competitors can’t poach them. And especially when it comes to low… Read more »