FTC’S CRACKDOWN ON NON-COMPETE

By Shamim Mohandessi and Michael A. Herbst

Seyfarth Synopsis: Last week on April 23, 2024, the FTC adopted a final rule that would effectively ban non-compete agreements in the context of employment relationships when the rule becomes effective on September 4, 2024, absent a stay or injunctive relief.  The rule would render unenforceable a broad array of employment-based non-competition agreements. 

Continue Reading Looking Past the Headlines, the Impact of the FTC’s Ban on Non-Competes in M&A, Private Equity and Venture Capital

By Robert B. MilliganKatherine PerrelliMichael WexlerKevin MahoneyJesse M. Coleman , and Dawn Mertineit 

Seyfarth Synopsis: This week, the FTC voted to adopt a proposed final rule banning most non-competes with workers in the United States. The final rule provides that it is an unfair method of competition—and therefore a violation

Continue Reading FTC Approves Rule Banning Non-Competes With Workers