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Welcome to Competition Currents, a monthly newsletter for Greenberg Traurig clients and colleagues highlighting significant recent developments in global antitrust and competition law.
FTC proposed new rule that would prevent employers from entering non-compete agreements with their employees. Non-compete agreements prohibit employees from working for a competing employer or starting a competing business, typically within a set geographic area.
Quitting a job for a better offer is non-unionized workers’ best, and often only, trump card. Noncompete agreements take that power away.
For about the last four years, the Federal Trade Commission (“FTC”) has been studying, investigating, holding various public workshops and soliciting input regarding the...
On January 5, 2023, the Federal Trade Commission (FTC or Commission) announced a notice of proposed rulemaking that would ban employers from entering non-compete agreements with their employees.