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FTC Announces Rule Banning Noncompetes
Federal Trade Commission ^ | 23 April 2024 | Federal Trade Commission

Posted on 04/24/2024 5:16:43 AM PDT by CodeToad

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To: MeganC

California has made non-competes unenforceable for decades. Silicon Valley would not have blossomed, if they had been enforceable. BTW, Do You know that Fast Food Joints have non-competes that their minimum wage workers have to sign so they can no longer work at any other fast food joint for years after being terminated? Non-competes are modern day slavery by the corporations. YMMV. IMHO.


41 posted on 04/24/2024 8:10:53 AM PDT by Pol-92064
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To: Alberta's Child
“A noncompete agreement between a business and its managing partners is absolutely essential to the existence of the business.”

In certain instances I agree. That is how courts came up with the “inevitable use” doctrine to uphold them in those instances.

42 posted on 04/24/2024 8:17:27 AM PDT by circlecity
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To: Pol-92064

“Non-competes are modern day slavery by the corporations.”

Yup. And that’s where it becomes a Federal civil rights issue and not a state’s contract law issue.


43 posted on 04/24/2024 8:18:34 AM PDT by MeganC ("Russians are subhuman" - posted by Kazan 8 March 2024)
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To: CodeToad
I’ve even seen some that stated not working for an entire industry like engineering. “Can’t be an engineer for anyone, anyplace, and forever.”

Who would sign something like that? I've been retired for sometime as an IT worker bee. At the level I worked at I could see signing an agreement to stay on after some advanced training, but for a week long seminar no way...

44 posted on 04/24/2024 8:18:56 AM PDT by EVO X ( )
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To: Pol-92064

Non compete agreements in places like fast food and retail sales are the kinds of misuse that has created the new rules.

The FTC is saying NCA’s are contrary to public policy, much the same way selling oneself into slavery or selling your organs would be under US law.


45 posted on 04/24/2024 9:21:36 AM PDT by Bob Wills is still the king (Just a Texas Playboy at heart)
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To: CodeToad
Now, companies want permanent bans and global. I’ve even seen some that stated not working for an entire industry like engineering.

Yow, you're right, that's insane. What can the law do when influential players on both sides of a transaction are so corrupted? I guess put a couple of years' time limit on the non-compete provision--unless the guy was fired, in which case it's 5 minutes!

46 posted on 04/24/2024 3:22:37 PM PDT by SamuraiScot
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To: SamuraiScot

What can be done? Lots, but companies have to get off their butts and manage their intellectual property. Outside of a few instances I know, most companies play real loose with managing IP.


47 posted on 04/24/2024 3:29:04 PM PDT by CodeToad (Rule #1: The elites want you dead.)
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To: SamuraiScot

I like one ruling I read about:

Yes, a non-compete is enforceable, but only as long as the original company continues to pay all salary and benefits.

Personally, I think anyone even proposing anything resembling a non-compete or a NDA should rot in hell and die in poverty.


48 posted on 05/07/2024 11:14:07 AM PDT by Republican in occupied CA (We had enough government in 1789)
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