On Bloomberg Markets, NPR Marketplace, and in the New York Times Dealbook, Doug Brayley Discusses the FTC’s Ban on Non-compete Agreements

In interviews for Bloomberg Markets, NPR Marketplace, and the New York Times Dealbook, employment, executive compensation & employee benefits partner Douglas Brayley shared his thoughts on the FTC’s ban on non-compete agreements, the U.S. Chamber of Commerce lawsuit, and what this means for employers. 

“There are upsides and downsides to non-competes,” said Doug. “They are a valuable tool for businesses to incentivize employees, protect trade secrets, and protect them from unfair poaching from competitors. Non-competes can also limit employee mobility and it make it hard for entrants into new markets.”

Doug noted that “the FTC rule comes in over the top at the federal level when there is already a very active debate in all 50 states about whether and under what circumstances non-competes should be allowed.” He advises companies to hold off on changing policies, given the legal challenges to come.