FTC to Hold Workshop on Non-Compete Clauses Used in Employment Contracts

Non-compete clauses are covenants in employment contracts that limit the ability of an employee to join or start a competing firm after a job separation.

Metadata
Provider: 
FTCFTC
URL: 
https://www.ftc.gov/news-events/press-releases/2019/12/ftc-hold-workshop-non-compete-clauses-used-employment-contractshttps://www.ftc.gov/news-events/press-releases/2019/12/ftc-hold-workshop-non-compete-clauses-used-employment-contracts
Retrieved on: 
Thursday, December 5, 2019
Information
Tags: 
Contract law, Labour law, Non-compete clause, Private law, Covenant, Law, Discrimination in the United States
Summary
Key Points: 
  • Non-compete clauses are covenants in employment contracts that limit the ability of an employee to join or start a competing firm after a job separation.
  • At the workshop, legal scholars, economists, and policy experts will review the current state of the law and economic literature on non-compete clauses in contracts between employers and employees.
  • Academic panels will evaluate the effects of non-compete clauses on labor market participants and their efficiency rationales (if any).
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