What the proposed ban on noncompete clauses means for you

Wednesday, January 11, 2023

Michael Schmidt was quoted in Automobil News discussing the FTC's proposed ban on noncompete clauses. The proposed ban would require companies with existing noncompete agreements to remove them along with any previous agreements. “That is a part of what makes this so radical, the federal authorities taking this motion broadly however with virtually no exception," said Michael. He believes that the rulemaking may take 12 months or even longer if it gets tied up within the courts. 

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