Federal Ban on Non-Compete Agreements Coming On January 5, 2023, the Federal Trade Commission proposed a RULE that would essentially ban all employee non-competes, such as restrictive covenants that contractually prohibit an employee from competing against a former employer. The FTC explained that “non-competes constitute an unfair method of competition and...
GOOGLE GOT SLAPPED – EMPLOYEE CONFIDENTIALITY AGREEMENTS ARE TOO BROAD AND EQUATE TO AN ILLEGAL NON-COMPETE High tech and entertainment companies in California are known for requiring that employees sign broad non-disclosure agreements or confidentiality agreements (“NDAs”). A California judge ruled last week that the Google’s NDAs are too broad...
New Executive Order Targeting Employee Non-Compete Agreements On July 9, 2021, President Biden made good on a campaign promise to address employment non-compete agreements by issuing a sweeping executive order called “Promoting Competition in the American Economy Order.” Although it does not immediately change the current legal landscape governing non-compete...