> “They’re just becoming ubiquitous,” she said, “as people are trying to find creative ways to move around noncompete restrictions,” which are gaining traction at the state and federal levels.
It's crazy how much power asymmetry exists between corporations and individuals nowadays. From forced arbitration (even for basic things like rent contracts) to non-competes, to now TRAs...
> But regulators have begun to take action on the legality of T.R.A.s. In the last year, the Biden administration has moved to limit the agreements.
Good to know. But solving problems at the executive level, without codifying the solution into law, makes it temporary and up for grabs by the next election, you know, for those jonesing for "less regulation".