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For example, it considers as an alternative banning non-compete clauses except for senior executives, employees earning more than $100,000 annually (or independent contractors earning more than ...
Under the proposed definition of “non-compete clause,” covenants would be considered non-compete clauses where they are so broad in scope that they function as such.
In January 2023, the Federal Trade Commission (FTC) issued a proposed rule that would ban most noncompete agreements throughout the United States. After receiving more than 26,000 public comments ...
The comments accompanying the new FTC rule on non-compete agreements emphasize that employers still have rights to trade secrets and NDAs. REVIEW YOUR AGREEMENTS First, review your agreements.
The FTC’s supplementary information regarding the proposed rule specifically states that the non-compete ban “would apply only to post-employment restraints” but not to “concurrent ...
Erin Whaley, Barbara Sicalides and Emma Trivax of Troutman Pepper discuss the effects of the Federal Trade Commission's rule banning post-employment noncompete agreements on physician practices.