Economic Liberties Applauds Minnesota Senate Vote to Ban Noncompete Agreements for Workers
Washington, D.C. — The American Economic Liberties Project released the following statement following the Minnesota Senate’s vote to ban noncompete agreements on Friday.
“We’re thrilled to see Minnesota lawmakers take a concrete step toward eliminating noncompete agreements and giving workers more say over their own economic futures,” said Pat Garofalo, Director of State and Local Policy at the American Economic Liberties Project. “Minnesota workers, future business owners, and consumers will all be better off if this bill ultimately becomes law, ensuring that corporations are not able to use their power to unfairly lower wages or trap Minnesota employees in their jobs. We applaud Sen. Mann for her steadfast leadership on this issue, and hope that the Minnesota House swiftly votes to pass its own ban.”
The noncompete ban was included in SF 3035. In Minnesota, estimates show that more than half a million workers are bound by noncompete agreements, which limit or eliminate their ability to accept a job within their chosen field.
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The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.