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The fine print that follows you out the door: non-compete clauses are spreading and holding back growth

Reading Time: 4 minutes The prevalence of non-compete clauses is surprisingly high, with adverse consequences for economic dynamism, wages and productivity. This brings into closer focus recent attempts to restrict the use of such clauses in some OECD countries. By Dan Andrews, Andrea Garnero and Sara Holttinen Somewhere in the contract you signed on your first day, there may be a clause that outlives the job itself. A non-compete clause bars you from joining — or starting– a competing busines...

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