Alex Farone Co-Authors Employment and Labor Alert
On August 20, a U.S. District judge ruled that the FTC’s ban on most non-competes exceeded the FTC’s statutory authority. This decision sets aside the non-compete ban nationally, meaning the ban cannot be enforced or take effect on September 4, 2024. Employers may continue to utilize non-competes if permitted by state law, in the manner prescribed by state statutes and case law. There is a reasonable likelihood of an appeal, in which case, there may be additional developments to follow. Alex Farone and Steve Silverman discuss this situation and will advise as to whether employers must take any action in the future. To read the full alert, click here.