Non-Competes Under Fire from Multiple Angles

As we have written about previously, non-compete agreements have come under increasingly strict scrutiny in recent history, within the courts and without. This culminated in the Federal Trade Commission’s recent action finalizing a rule banning non-compete agreements in employment contracts. The FTC’s rule, while facing legal opposition, is not the first official restriction on these provisions, following at least four states’ bans on non-competes and several other states’ limited bans dependent upon income levels. And on top of the administrative, statutory, and judicial attacks, based upon a recent study by Clarify Capital, it appears non-compete agreements are increasingly facing criticism from workers themselves as well.

For more information see Clarify Capital’s study here: https://clarifycapital.com/impact-of-noncompete-ban