(a) Compare and contrast one jurisdiction which prohibits post-employment covenants in restraint of a trade, profession or occupation with one which attempts to regulate rather than ban such restrictive covenants.

(b) "If only the state would stop meddling by fixing minimum terms and conditions of employment which interfere with the hiring and firing decisions of employers, productivity would improve as the market would reward the well run businesses or enterprises and punish those which are less efficient. And, such market discipline would definitely benefit the employees." Support, refute or refine this assertion.