FTC Should Leave Regulation Of Noncompetes To States
Law360 (April 3, 2020, 5:48 PM EDT) -- The Federal Trade Commission has been tasked with investigating whether it should regulate employee noncompete agreements.
The answer is no, it should not.
On March 11, we, together with 21 lawyers from around the country, submitted testimony to the FTC explaining why.
In sum, we explained that noncompetes have been regulated by the states for over 200 years, and all 50 states have made policy decisions that make sense for their citizens and their economies. In more than 30 of those states, legislatures have recently been reevaluating their law, with different outcomes that balance competing interests in a way that reflects...
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