Posted July 8, 2021 with Tags trade secrets, Non-competes, For Employers
Presidential Executive Order Targets Non-Compete Agreements
On July 8, 2021, President Biden announced that he would issue an Executive Order (EO) calling on the Federal Trade Commission (FTC) to adopt rules curtailing the use of non-compete agreements. While the announcement offers few details so far, questions remain about the FTC’s legal authority to regulate non-competes in the manner sought by President Biden.