On Jan. 5, the Federal Trade Commission proposed a sweeping rule that would bar almost all non-compete clauses in contracts with workers and in other agreements. A notice-and-comment period provides an opportunity for stakeholders to comment on the proposed rule. If adopted, the rule, which would not take effect for several months, would upend longstanding legal precedent that reasonable non-compete provisions are enforceable.
See our alert for more information about the Federal Trade Commission’s proposed rulemaking and its effect on non-compete agreements.