FTC Noncompete Ban: A Survival Guide (for the Cynical)
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 actually stick. Who’s Exempt (the […]
FTC Noncompete Ban: A Survival Guide (for the Cynical)
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 actually stick. Who’s Exempt (the […]
No More Non-Competes? Not So Fast, Says One Texas Business
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 they are asking employees to […]
