FTC Moves to Strike Most Noncompetes: Considerations for Cannabis Companies
By EsqSocial Corporation 26/04/24
As Bradley previously reported, the Federal Trade Commission at the beginning of last year issued a notice of proposed rulemaking to effectively ban employee noncompete provisions as an unfair method of competition in violation of Section 5 of the FTC Act. Following a 16-month administrative process that drew more than 26,000 public comments, the FTC on April 23, 2024, issued its final rule that will, according to the FTC, “promote competition by banning noncompetes nationwide, protecting the...
By: Bradley Arant Boult Cummings LLP