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    federal trade commission

    Eggs are seen on a shelf at Pioneer Supermarkets on January 12, 2023 in New York City.

    FTC Urged to Crack Down on Egg Industry's 'Organized Theft'

    "Contrary to industry narratives, the increase in the price of eggs has not been an 'act of God,'" says Farm Action. "It has been simple profiteering."

    Kenny Stancil
    Jan 19, 2023

    As U.S. egg producers rake in record profits amid soaring prices, a farmer-led advocacy group focused on building a just and sustainable food system on Thursday implored the Federal Trade Commission to "promptly open an investigation into the egg industry, prosecute any violations of the antitrust laws it finds within, and ultimately, get the American people their money back."

    Just before testifying at an open meeting of the FTC, Farm Action sent a letter to agency chair Lina Khan detailing its "concerns over apparent price gouging, price coordination, and other unfair or deceptive acts or practices by dominant producers of eggs such as Cal-Maine Foods, Rose Acre Farms, Versova Holdings, and Hillandale Farms, among others."

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    corporate greed
    Federal Trade Commission nominee Lina Khan testifies

    'Victory for American Workers': FTC Proposes Ban on Noncompete Clauses

    Sen. Elizabeth Warren noted that "noncompete clauses give companies unfair power over workers, enabling them to cut wages and benefits without fear of workers finding a new job or starting their own business."

    Kenny Stancil
    Jan 05, 2023

    Progressive advocacy groups and lawmakers celebrated Thursday after the Federal Trade Commission proposed a new rule that, if finalized, would prohibit employers from including noncompete clauses in employment contracts, which the agency described as "a widespread and often exploitative practice that suppresses wages, hampers innovation, and blocks entrepreneurs from starting new businesses."

    Given the prevalence of noncompete agreements, which prevent roughly one in five U.S. workers from freely changing jobs, the FTC estimates that "the new proposed rule could increase wages by nearly $300 billion per year and expand career opportunities for about 30 million Americans."

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    Consumer Financial Protection Bureau Director Rohit Chopra (L) and Federal Trade Commission Chair Lina Khan (R) listen as U.S. President Joe Biden speaks in Washington, D.C. on October 26, 2022.

    Coalition Urges FTC to Ban Employer Non-Compete Clauses, Which 'Keep Workers Stuck'

    "Instead of retaining workers through coercive non-compete clauses, employers should maintain a loyal workforce by offering good wages, regular raises and promotions, and fair treatment."

    Kenny Stancil
    Dec 15, 2022

    A coalition of 25 progressive advocacy groups sent a letter Wednesday urging the Federal Trade Commission to immediately begin working on a rule to prohibit the use of non-compete clauses in employment contracts, arguing that such agreements disempower tens of millions of workers.

    "Employers' use of non-compete clauses inflict real and substantial harms on the American worker and the overall U.S. economy without any legitimate justification," states the letter to the FTC. "By limiting workers' mobility, non-competes drive down wages, reduce the formation of new businesses, and keep workers stuck in unsafe or hostile workplaces."

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