On April 23, 2024, the Federal Trade Commission (FTC), in a 3-2 vote, issued a final rule that bans noncompete clauses between workers and employers as “unfair method[s] of competition” under Section 5 of the FTC Act, subject...more
4/25/2024
/ Competition ,
Employer Liability Issues ,
Employment Contract ,
Employment Policies ,
Federal Trade Commission (FTC) ,
FTC Act ,
Labor Reform ,
Non-Compete Agreements ,
Notice Requirements ,
Proposed Rules ,
Regulatory Agenda ,
Restrictive Covenants ,
Unfair Competition
Antitrust Enforcers Are Increasingly Focused on Labor Markets, and Not Just in the Merger Context With antitrust regulators focused on competition in labor markets, companies should revisit their noncompete agreements,...more
3/29/2024
/ Acquisitions ,
Antitrust Provisions ,
Capital Markets ,
Competition ,
Environmental Social & Governance (ESG) ,
Legislative Agendas ,
Mergers ,
National Security ,
New Legislation ,
Proposed Legislation ,
Taxation
Labor markets have been a focus of antitrust regulators at the Department of Justice (DOJ) and Federal Trade Commission (FTC) since the Obama administration. Indications are that enforcers will be even more aggressive across...more
3/26/2024
/ Antitrust Provisions ,
Biden Administration ,
Competition ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Employees ,
Enforcement ,
Federal Trade Commission (FTC) ,
Investigations ,
Mergers ,
No-Poaching ,
Non-Compete Agreements ,
Restrictive Covenants ,
Wage-Fixing
On January 29, 2024, in Cantor Fitzgerald, L.P. v. Ainslie, the Delaware Supreme Court reversed a decision of the Delaware Court of Chancery holding that a forfeiture-for-competition provision in a partnership agreement was a...more