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6 Jan 2023, 9:41 am by TOTM Admin
The rule proposal follows recent FTC settlements with three companies and two individuals for allegedly illegal non-compete agreements imposed on workers—the first time the FTC has claimed that non-compete agreements constitute unfair methods of competition (UMC) under Section 5 of the FTC Act. [read post]
6 Jan 2023, 9:36 am by admin
This fact sheet published on the FTC’s website provides policy-related information about the FTC’s reasoning for the ban. [read post]
6 Jan 2023, 8:15 am by Alec Pronk
This week in Other Barks & Bites: the United States Patent and Trademark Office (USPTO) seeks public comment on its latest Strategic Plan and releases information on a pilot program that may help reduce gender disparities in patenting; a Texas-based technology files a lawsuit against Reebok alleging patent infringement; the Federal Trade Commission (FTC) proposes a new rule to eliminate non-compete clauses; and the Department of Justice (DOJ) announces the conviction of a former GE… [read post]
6 Jan 2023, 8:15 am by Alec Pronk
This week in Other Barks & Bites: the United States Patent and Trademark Office (USPTO) seeks public comment on its latest Strategic Plan and releases information on a pilot program that may help reduce gender disparities in patenting; a Texas-based technology files a lawsuit against Reebok alleging patent infringement; the Federal Trade Commission (FTC) proposes a new rule to eliminate non-compete clauses; and the Department of Justice (DOJ) announces the conviction of a former GE… [read post]
The post Proposed Nationwide FTC Ban on Non-Compete Clauses appeared first on Gibbons Law Alert. [read post]
The post Proposed Nationwide FTC Ban on Non-Compete Clauses appeared first on Gibbons Law Alert. [read post]
The post Proposed Nationwide FTC Ban on Non-Compete Clauses appeared first on Gibbons Law Alert. [read post]
6 Jan 2023, 7:04 am by Christopher McKinney
Yesterday (Jan 5, 2023), the Federal Trade Commission proposed a rule that would prohibit employers and employees from entering into so-called “noncompete agreements”, stating that the agreements harm competition, suppress labor mobility and reduce wages even for those not bound by a noncompete agreement.In the proposed rule, the FTC said other forms of restrictive covenants, such as nondisclosure agreements and client or customer nonsolicitaton agreements, would not be included… [read post]
6 Jan 2023, 6:42 am
Yesterday, the FTC announced that it plans to ban (almost) all noncompetes. [read post]
6 Jan 2023, 6:16 am by Rob Robinson
The HSR Act establishes the FTC and DOJ Premerger Notification Program, which is designed to allow the agencies to review the proposed transaction for potential antitrust concerns. [read post]
6 Jan 2023, 5:43 am by Mark Astarita
Banning an employee from working in his or her chosen profession is not necessary.The FTC has taken up the issue, proposing a ban on non-compete agreements. [read post]
6 Jan 2023, 3:45 am by Jon Hyman
To me, this rule would go well beyond the FTC's rulemaking authority. [read post]
5 Jan 2023, 10:00 pm
The Federal Trade Commission (FTC) announced a notice of proposed rulemaking (NPRM) on January 5, 2022, that would ban employers from entering into and maintaining noncompete clauses with their workers. [read post]
5 Jan 2023, 10:00 pm
The Federal Trade Commission (FTC) announced a notice of proposed rulemaking (NPRM) on January 5, 2022, that would ban employers from entering into and maintaining noncompete clauses with their workers. [read post]
5 Jan 2023, 10:00 pm
The Federal Trade Commission (FTC) announced a notice of proposed rulemaking (NPRM) on January 5, 2022, that would ban employers from entering into and maintaining noncompete clauses with their workers. [read post]
5 Jan 2023, 10:00 pm
The Federal Trade Commission (FTC) announced a notice of proposed rulemaking (NPRM) on January 5, 2022, that would ban employers from entering into and maintaining noncompete clauses with their workers. [read post]
5 Jan 2023, 10:00 pm
The Federal Trade Commission (FTC) announced a notice of proposed rulemaking (NPRM) on January 5, 2023, that would ban employers from entering into and maintaining noncompete clauses with their workers. [read post]