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.[1]

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.

What's happening?

On July 9, President Joe Biden issued an executive order titled Promoting Competition in the American Economy,[2] calling for the Federal Trade Commission "to curtail the unfair use...

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