Becker's Healthcare January 25, 2024
The Federal Trade Commission has been largely silent on its proposed ban on noncompete contracts for full-time employees and independent contractors introduced January 2023, according to an article by law firm BakerHostetler published in JDSupra.
A similar proposal in New York that was recently vetoed by Gov. Kathy Hochul could forecast a similar fate for the FTC proposal, according to the report.
The New York bill, which was similar to the FTC’s proposal, would have prohibited employers from seeking, requiring, demanding or accepting noncompete agreements from virtually any New Yorker.
New York’s bill “could be viewed as a canary in the coal mine of sorts, a prognostication of the political appetite for a nationwide blanket noncompete ban like...
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