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NLRB throws stay-or-pay provisions into federal non-compete ban drama. The National Labor Relations Board (NLRB) general counsel has openly stated that she intends to prosecute employers who use ...
On July 1, 2023, Minnesota became the fourth state to ban non-compete agreements. This past session, in S.F. 3852, the legislature sought to close a loophole it had identified in the 2023 ban: non ...
The ban is not retroactive: it is only effective as to non-competes entered into after July 1, 2023. But is this truly the end of the road for lawsuits against former employees? No; absolutely not.
With or without the Federal Trade Commission (FTC) ban on non-compete agreements, nearly every state will refuse to enforce non-compete agreements that do not satisfy a reasonableness standard ...
WASHINGTON, Jan 5 (Reuters) - The U.S. Federal Trade Commission, which enforces antitrust law, proposed a rule that would ban companies from requiring workers to sign noncompete provisions as well ...
The U.S. Federal Trade Commission voted Tuesday to adopt a near-total ban on non-compete provisions that prohibit workers from switching jobs within an industry, a rule the Chamber of Commerce ...
FTC non-compete ban: What businesses need to know. expand. Getty image. By John M. Anderson and Connor Ciepluch – King & Spalding. Jun 1, 2024.
Justifications. The FTC justifies this across-the-board ban by making a preliminary finding that all worker non-compete agreements (regardless of level or position) constitute an "unfair method of ...
However, the FTC believes a national standard on non-competes will ultimately be better for businesses and the economy: the FTC estimates the ban will lead to as much as 29,000 more patents each year, ...
On August 20, a federal district judge in the Northern District of Texas set aside the FTC's non-compete ban as unlawful, and exceeding the FTC's authority, in Ryan LLC v. Federal Trade Commission .
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