Texas Court Bars Enforcement of the FTC’s Noncompete Ban
September 23, 2024
Barbara Sicalides (LAW ’89) and Matthew DelDuca discuss the recent injunction of the FTC’s ban on noncompete agreements from a Texas court.
September 23, 2024
Barbara Sicalides (LAW ’89) and Matthew DelDuca discuss the recent injunction of the FTC’s ban on noncompete agreements from a Texas court.
The Department of Justice (DOJ) and the Federal Trade Commission (FTC) in 2016 published Antitrust Guidance for Human Resource Professionals warning of criminal remedies for those participating in illegal no-poach agreements. Recently, the DOJ and FTC made good on that promise by filing the first public criminal indictment alleging a conspiracy between companies in which they agreed not to poach each other’s employees. The DOJ and FTC warned they could take such actions when “naked” wage-fixing and no-poach agreements were per se illegal violations under the antitrust laws.
White and Williams attorneys discuss steps the commercial lending industry can take to prepare for recession.