On May 15, Professor Luisetto presented his paper, “Collective Bargaining and Monopsony: The Regulation of Noncompete Agreements in France,” at the American Law & Economics Annual Meeting (ALEA) hosted by the University of Chicago Law School. 

In his paper, Professor Luisetto examines how the regulation of noncompete agreements for employees through collective bargaining agreements affects firm-level markdowns in the French manufacturing sector. A key takeaway is that, by enhancing compliance or imposing additional requirements for noncompete enforceability, collective bargaining serves as an effective tool to regulate the use of noncompete agreements in France.