New President, New Restrictions on Non-Competes?

President-Elect Biden has made it clear that he intends to seek restrictions on non-compete agreements, an issue that has had bipartisan support in the past. For example, his campaign website says that he will “work with Congress to eliminate all non-compete agreements, except the very few that are absolutely necessary to protect a narrowly defined category of trade secrets, and outright ban all no-poaching agreements.”

I wrote a column in the Daily Business Review addressing this issue and how companies can prepare for possible national restrictions on non-compete agreements. The column can be found here.

Leave a Reply

%d bloggers like this: