The Backstory (Cliff’s Notes Edition) The Biden administration hates noncompete clauses (bad for worker wages and stuff). The FTC swoops in with a nationwide ban, claiming it has the power under a dusty old law. Legal challenges start brewing in Texas (shocker) and Pennsylvania. Nobody knows if the ban will
The Backstory (Cliff’s Notes Edition) The Biden administration hates noncompete clauses (bad for worker wages and stuff). The FTC swoops in with a nationwide ban, claiming it has the power under a dusty old law. Legal challenges start brewing in Texas (shocker) and Pennsylvania. Nobody knows if the ban will
Background: The FTC’s New Rule and the Difference in Texas The FTC proposed a rule to limit non-compete agreements nationwide back in April. As a model, they used California’s incredibly stringent non-compete restrictions. How stringent? California employers face fines of $2,500 for each violation related to non-competes. This applies whether
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