FTC Makes Good on Threat to Ban Most Non-Competes
By EsqSocial Corporation 25/04/24
Following a narrow 3-2 vote on party lines, the Federal Trade Commission (“FTC”) approved a sweeping v yesterday that – if it survives legal challenge – would create a nationwide standard that would radically modify the current landscape of restrictive covenants and significantly limit the post-termination protections currently available to many employers. As we noted last year here and here and here, the FTC largely adopted the proposed rule that would generally prohibit employers from...
By: Maynard Nexsen