Joyce Ackerbaum Cox

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FTC Seeks to Ban Non-Compete Restrictions in Employment Contracts

Key Takeaways On Jan. 5, the Federal Trade Commission voted 3-1 to propose a new rule under Section 5 of the Federal Trade Commission Act that would largely ban non-compete agreements between employers and employees. If passed, the Proposed Rule would become a federal regulation making it an “unfair method of competition” for an employer … Continue Reading

New Executive Order Targeting Noncompete Agreements Foreshadows Significant Issues for Employers

On July 9, 2021, President Biden issued a sweeping Executive Order aimed at promoting competition in the American economy. Within the Executive Order, President Biden specifically encourages the Federal Trade Commission (FTC) to regulate noncompetition agreements (generally referred to as “noncompetes”). Read the full Alert.… Continue Reading