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The Federal Trade Commission has begun a rulemaking process with a stated goal of promulgating and implementing a Non-Compete Clause Rule that would prohibit employers from contractually conditioning hiring on an agreement that the employee will not render his or her services to a competing employer, should there come a time where the employee no longer works for the initial employer. In connection with the rulemaking procedure, several former FTC Officials, of which I am one, submitted comments to the Commission in which the Officials express a number of concerns with the rulemaking process and with the proposed rule’s potential impact on the FTC’s ability to fulfill its mission. A link to the submission is below, and I encourage readers of this post to read the submission in its entirely. TAG
FTC Alumni Comments on Non-Compete Proposed Rule
* Theodore A. Gebhard is an attorney and economist. See his mini-bio on the Contributors page.
Vienna Woods Law & Economics 