The FTC’s new noncompete rule adopts a comprehensive prohibition on the use of noncompete clauses in any U.S. industry with any worker, including those at senior executive levels. The rule is promulgated using the FTC’s authority to determine practices that are unfair methods of competition.

Whether the final rule survives legal challenges or not, employers should still identify their confidential and trade secret information and ensure the company reasonably protects this information. Employers should also take steps to ensure departing employees have not retained such information for the benefit of the new employer.

South Florida businesses are waiting to see how the Federal Trade Commission’s new ban on noncompete agreements for some employees plays out. Chief among the concerns: How can they still

What are noncompete agreements? Noncompete agreements "restrict a worker's ability to switch employers within their industry," said The Washington Post. Employers have used them f