Abrams Fensterman, LLP Partner & Director of Employment Law Practice, Rachel Demarest Gold, issues an important Employer Alert: The FTC’s nationwide non-compete ban, originally set to take effect on September 4th, has been overturned. While non-competes face scrutiny in New York, businesses still have tools to protect their interests. Trade secret laws and non-solicitation agreements remain strong safeguards. Employers can stay ahead of the curve and ensure that agreements are enforceable.
The alert notes that while the FTC has said it will not appeal the decision, the Agency will try using it’s enforcement powers to pursue its policy of banning Non-Competes. More info on the FTC powers regarding its Non-Compete policy can be found here.
