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Federal Trade Commission (FTC) Jurisdiction Restrictive Covenants

Morgan Lewis

The Impact of Noncompete Laws on Private Equity Transactions and Talent Strategies

Morgan Lewis on

Noncompete agreements, a type of restrictive covenant, have long been used to protect proprietary assets such as goodwill, customer relationships, employee relationships, trade secrets, and other confidential information. In...more

WilmerHale

Post-Mortem on the FTC’s Blocked Non-Compete Rule

WilmerHale on

In August 2024, a Texas federal court struck down a broad Federal Trade Commission (FTC) rule that would have banned the vast majority of employee non-competition agreements. ...more

Kilpatrick

The FTC’s Rule Banning Non-Compete Agreements | What You Need to Know

Kilpatrick on

The Federal Trade Commission, in a tight 3-2 vote, recently voted to adopt a rule banning non-compete agreements nationwide. Noncompete agreements have never been regulated at the federal level and the FTC’s adoption of its...more

Williams Mullen

Are Your Non-Competes Still Valid? A Summary of the New Federal Trade Commission Rule

Williams Mullen on

On April 23, 2024, the Federal Trade Commission (FTC), pursuant to sections 5 and 6(g) of the Federal Trade Commission Act (the “Act”), issued their final “Non-Compete Clause Rule” (Rule). This Rule provides that non-competes...more

Lathrop GPM

Federal Trade Commission Non-Compete Clause Rule May Exempt Certain Nonprofit and Other Types of Employers

Lathrop GPM on

As covered in an earlier client alert by our firm, The Federal Trade Commission (FTC)’s final Non-Complete Clause Rule—if it survives legal challenges and becomes effective—would ban most post-employment non-compete...more

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