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Unpacking the Upcoming FTC Non-Compete Proposal: Managing Employee Rights and Business Interests
Non-compete agreements have been a longstanding practice in many industries, but concerns have arisen regarding their potential adverse effects on innovation, entrepreneurship, and the job market. However, Federal Trade Commission's (FTC) proposed regulations on non-compete agreements have created a fresh set of challenges for legal departments, especially in regard to the protection of trade secrets and potential disruptions to market competition. Join this session as our panelists explore the nuances of non-compete agreements and consider alternative approaches to better balance employee rights and business interests.