LAL Daily — February 16, 2023 — Damar Hamlin Tweets! FTC to Ban Noncompetes
Picking up on the tail end of yesterday's stream, Norm and Mike dive deeper into the story breaking around the very public resignation of FTC Commissioner Christine Wilson. In particular, the FTC is planning to unveil its new rule to impose a nationwide ban on employers' use of covenants not to compete, colloquially "noncompete agreements."
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What is a noncompete agreement? How does one function? What are the mechanisms of enforcement? Perhaps most importantly, is the noncompete agreement the inherent evil Lina Khan and the FTC are advertising it to be?
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