Lilsaigon

Huge news for the Republic contract. Obviously the penalty of the liquidated damages is still insane but this should allow for freedom for those trying to move on. Federal Trade Commission Approves Ban Of Noncompete Agreements

See yaaa

taking dubs

rickair7777

Probably activist over reach. Business groups filing lawsuits tomorrow.

Lilsaigon

So you're saying there should be a NCC? 🤔

Skyhawk121

I don't think they should apply to pilots at all, but I think they have a place, especially with high level executives that know the "secret sauce" of one company and are essentially "selling" it to the competition by going to work for them. Even then, non-competes in those circumstances are usually compensated for the duration of the non-compete, so that shouldn't be a big deal in those situations.

Excargodog

He said nothing of the sort. He said it was administrative over reach. Don't shoot the messenger.

The FTC is trying to do something that is a stretch on the powers given them by law (that is, by Congressional legislation). They are at high risk of being slapped down in the courts by those people who want people to be obligated by NCCs. The whole Chevron deference issue is hanging by a thread at the Supreme Court right now,

https://news.harvard.edu/gazette/sto...stential-test/

Blame the EPA for trying to declare seasonal mud puddles to be "navigable waterways of the United States. Now it looks like all the alphabet agencies might get their discretionary powers reined in.

StuckOnReserve

Doesnt go into effect until on its own until later in the year, and expect it to be challenged in court. It's entirely possile a law suit could get an injuction against the rule going into effect until it has cleared all the forthcomming legal battles. You are still shackled.

LoneStar32

That's not what he said at all. But he obviously has a better understanding of the situation than you and is giving you a realistic expectation.

Excargodog

https://www.msn.com/en-us/money/mark...ts/ar-AA1nAmXC

​​​​​​​

rickair7777

I'm saying I don't think federal bureaucrats have the legal authority to make a sweeping prohibition. That's almost glaringly obvious so I think it will probably get thrown out.

Seems like Congress could/should pass a law with an appropriate degree of specificity.

I think NCC have a place, where somebody came in and by the nature of their job was granted full access to your IP, processes, or maybe customer base and then quickly bails for another employer who is basically hiring you (and typically paying you a premium) more for your insider info than for your skills and experience. It's a thing.

That should be limited to jobs where you are directly involved with critical competitive info, and should have a time limit... say after five or ten years you can take your years of work experience with you regardless. As opposed to leaving after four months, with a USB drive in your shoe.

NCC should not apply to burger flippers, nurses, pilots, etc. NCC have been abused when it comes to hourly laborers.