As we previously detailed here, here, and here, over the past few years – but particularly in 2023 – non-compete agreements have come under intense scrutiny from US lawmakers and government regulators. That trend continued Tuesday, with New York State now on the brink of joining California, Oklahoma, and North Dakota as
BREAKING: FTC proposes rule to ban U.S. non-compete agreements
As we discussed in an October 2021 article regarding the future of restrictive covenant agreements in the U.S., President Biden in July 2021 directed the U.S. Federal Trade Commission (FTC) to explore potential ways to limit the use of non-compete agreements. On January 5, 2023, the FTC followed through on the President’s directive by proposing