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Public policy and labour market competition

Author

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  • Orley Ashenfelter

    (Princeton University)

Abstract

The last decade has witnessed a number of remarkable developments in public policy, laws and law enforcement that have been associated with failures of competition in US labour markets. These include: (1) enforcement actions and antitrust law suits regarding explicit conspiracies to suppress competition in labour markets; (2) the documentation and forced abolition of franchise contracts that include worker ‘no-poaching’ clauses; (3) explicit discussion of the regulation of mergers that affect labour market competition; and (4) legislation and regulation affecting ‘non-compete’ and ‘non-solicit’ clauses in employment contracts. In the following, I review the recent developments in public policy. I begin with a deconstruction of a particularly high-level conspiracy to reduce labour market competition in the High-Tech world.

Suggested Citation

  • Orley Ashenfelter, 2023. "Public policy and labour market competition," Working Papers 656, Princeton University, Department of Economics, Industrial Relations Section..
    • Handle: RePEc:pri:indrel:656
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    File URL: http://arks.princeton.edu/ark:/88435/dsp01tq57nv28b
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    More about this item

    Keywords

    Public Policy; Labor Markets; Competition;
    All these keywords.

    JEL classification:

    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General
    • J48 - Labor and Demographic Economics - - Particular Labor Markets - - - Particular Labor Markets; Public Policy

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