What are non-compete clauses and why are economists so keen to abolish them?

A proposed ban on-compete clauses in employment contracts was a centrepiece of the budget. But what are they, how do they work, and why do most economists think they are bad for workers and the economy? A proposed ban on-compete clauses in employment contracts was a centrepiece of the budget. But what are they, how do they work, and why do most economists think they are bad for workers and the economy? Budget, Industrial Relations, Productivity, Economy, Economic Growth Latest business news