Becker's Healthcare September 29, 2023
The legal landscape is growing increasingly hostile to noncompete agreements, according to a Sept. 27 article in JDSupra by law firm Dorsey & Whitney.
Here are five things to know:
1. The Federal Trade Commission proposed a rule that would ban noncompetes nationwide, but there’s still a “long road ahead” for the proposed ban, according to the report. The FTC will vote on the rule next April, and numerous small business groups and the U.S. Chamber of Commerce have submitted letters in opposition.
2. In the meantime, states are making noncompetes harder...