FTC Should Take Nuanced Approach On Noncompete Regs
By Russell Beck (July 19, 2021, 12:30 PM EDT) -- Federal regulation of noncompetes is a significant step closer to reality. And that means that employees could be a significant step closer to unfettered departures for competitors — and trade secrets could therefore be a significant step closer to exfiltration by those employees.
Coupled with an anticipated record number of people quitting their jobs, referred to as the Great Resignation, trade secret owners need to take note and take action — now.
On July 9, President Joe Biden issued an executive order titled Promoting Competition in the American Economy, calling for the Federal Trade Commission "to curtail the unfair use...
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