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The Federal Trade Commission (FTC) estimates that nearly $300 billion could be lost annually by workers due to noncompete agreements, which not only depress wages for those directly affected but also for others. The FTC has proposed a federal ban on these clauses, joining states that have already made them unenforceable. This ban is expected to benefit workers by pushing companies to adopt more innovative retention strategies. Noncompete agreements typically prevent employees from joining competitors for a specified duration after leaving their job, as illustrated by a 2018 Amazon clause. The proposal faces challenges ahead, impacting both workers and businesses.