Proposed FTC Rule Would Require Employers to Notify Former Employees That Non-Compete is Not Valid
The Federal Trade Commission released a 216-page report outlining the dangers of non-compete clauses and branding these provisions as indicia of unfair competition. Among the requirements of the proposed new rule is a mandate that employers affirmatively notify former employees that such provisions in their contracts are no longer in effect.
Click here to peruse the FTC memorandum and proposed language.