FTC Ban on Non-competes Will Expand Trade Secrets Litigation
By EsqSocial Corporation 03/05/24
The final rule is the anticipated result of years of workshops on the topic, and follows the FTC’s January 19, 2023 proposed rule and 90-day public comment period. Enactment of a federal ban is not surprising, given that many states have long prohibited non-compete agreements unless they are reasonable as to time, subject matter, and geography, and a number of states have recently further curtailed the enforcement of non-compete agreements against low-wage or non-technical employees....
By: Kerr Russell