FTC Considers Extending Proposed Noncompete Ban to Franchises
Saturday, January 7, 2023 On January 5, 2023, the Federal Trade Commission (FTC) published a proposed rule that, with limited exceptions, would both ban post-termination non-compete covenants in employment agreements and require rescission of existing post-termination non-competes. The proposed rule expressly would not apply to franchise agreements. But the FTC’s notice of proposed rulemaking seeks…