A great article appeared in the June 20 edition of PC World magazine entitled, Non-compete Pacts Called Bad for Tech Innovation. I think it is a great article because it “hits the nail on the head” on my thoughts about the negative effects of noncompete agreements in today’s business world.
The article stated that employee non-compete agreements have stifled tech startup development in Massachusetts, where the pacts are aggressively enforced, but failed to hold back the IT industry boom in states like California, where they are mostly unenforceable.
Read the article on the negative effects of non-compete agreements here.