The Trump Administration just revoked a Biden-era Executive Order that, among many other things, led to a ban on noncompete clauses in employment agreements. A Texas injunction rendered the FTC’s regulation a dead letter. President Trump’s order just made that dead letter deader.
Read MoreLast week, a Texas Federal Court granted a permanent injunction that strikes down the Federal Trade Commission’s (“FTC”) much-maligned ban on employee non-compete agreements. Many tout this ruling as a HUGE victory for employers. But which employers? Current ones? Future ones? Perhaps “we have met the enemy and he is us” (thanks Walt Kelly and Pogo).
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