The FTC’s Efforts to End Non-competes
On January 5, 2023, the Federal Trade Commission announced a sweeping proposal to regulate virtually every labor and service relationship in the United States, and make it more lucrative for people to quit. leave their current jobs by removing the enforceability of non-compete clauses. If a final rule emerges from this proposal, virtually every employer in the United States will be impacted.
William Macleod, chair of Kelley Drye’s Antitrust and Competition practice and former bureau director at the U.S. Federal Trade Commission (FTC) weighs in to address the broad implication of this proposal, the thinking behind the agency’s proposal, whether or not the agency can change course, and what will happen if a final rule emerges? Click here to read more - https://www.adlawaccess.com/2023/01/articles/ftc-proposes-to-regulate-virtually-every-labor-relationship-in-the-united-states/#more-11287