Non-compete clauses have long been a contentious issue in employment agreements, with concerns raised about their potential to stifle competition and limit employee mobility. On April 23, 2024, the ...
Last week, the U.S. Federal Trade Commission issued a rule banning provisions in employment contracts that forbid employees to work for a competitor after they quit or are fired. Within hours, a Texas ...
A discussion of the antitrust implications of non-compete clauses in agreements between employers and employees.
Nearly two years ago, President Biden issued an executive order calling on the Federal Trade Commission (“FTC”) to ban or limit non-compete agreements, stating that workers should be free to take a ...
The key to any successful transportation business is its loyal customers. In today’s economy, however, even loyal customers ...
Robert Schofield, Whiteman Osterman & Hanna ALBANY — The Federal Trade Commission last week made it a lot easier in theory for certain employees to switch jobs within the same industry, but the ...
The Federal Trade Commission (FTC) issued a final rule in April that will invalidate existing non-compete agreements and non-compete clauses in agreements. There is a carve-out for an EXISTING ...
When it comes to enforceability of a non-compete clause, the prospect of a raise for the employee can in some instances be an argument in favour of the employer. A court may annul, modify or suspend a ...
The FTC recently published its final rule prohibiting just about all non-compete agreements for all employees, with very limited exceptions. So what does this rule do, how does it affect the ...
While the decision to ban non-competes occurred months ago, the ongoing discussion surrounding this topic persists. Recently, I conducted a survey on LinkedIn to see the opinions of my professional ...
A proposed ban on non-compete clauses for most workers was one of the budget's rare surprises, which wasn't flagged until an official leak within a few hours of Jim Chalmers getting up to deliver his ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. While non-compete agreements survived two federal agencies ...