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It’s estimated that over one-third of all private companies require their employees to sign noncompete clauses. wera Rodsawang/Moment via Getty Images

FTC prepares to ban ‘noncompete agreements’ – what they are and why low-wage workers are increasingly required to sign them

While noncompetes may make sense for well-paid executives who possess trade secrets, they make less sense for low-paid workers – yet many are subject to the agreements.

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