January 16, 2023
In early January 2023, the U.S. Federal Trade Commission announced a proposed rule that would bar employers from entering into non-competition agreements with employees and require employers to rescind any existing non-competition agreements. Many sources give the impression that the ban is in place or just around the corner. While this is certainly news worth following, we strongly encourage employers and employees to understand one critical thing: employee non-competition agreements are not dead yet.
