The Federal Trade Commission (FTC) has recently finalized a rule that significantly impacts noncompete clauses in employment contracts, aiming to boost competition and innovation while enhancing worker mobility. Noncompete clauses traditionally prevent employees from joining competitors or starting similar businesses shortly after leaving a company. The new rule, however, prohibits these clauses except for a narrow exemption involving senior executives, who represent less than 1% of the workforce (GeekWire). The FTC argues that noncompete agreements have traditionally suppressed wages, hindered innovation, and restricted entrepreneurs from starting new businesses. By eliminating these clauses, the FTC estimates an increase in worker[...]