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The FTC’s Proposed Rule Banning Non-Competes Explained on January 20, 2023

SOUTHEAST TEXAS RECORD

Tuesday, December 24, 2024

The FTC’s Proposed Rule Banning Non-Competes Explained on January 20, 2023

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Location: Webinar

Date & Time:

Start Date: 01/20/2023Start Time: 1:00 pm

End Time: 1:30 pm EST

 Description:

On January 5, 2023, the Federal Trade Commission, in a 3-1 split decision, issued a 216-page proposed rule banning non-compete agreements while seeking public comment. The proposed rule would ban contracts preventing a “worker from seeking or accepting employment … after the conclusion of the worker’s employment with the employer.” The proposed rule has several exceptions for certain employers and industries but leaves many unanswered questions. This webinar will explore common questions such as what is a de facto non-compete? What industries are excluded from the proposed rule? What about non-solicitation or non-disclosure agreements? Will President Biden outlaw non-competes altogether? Will there be legal challenges? What happens next? This webinar will answer these questions and more.

Sponsor

Cozen O'Connor

Original source can be found here.

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