The FTC non-compete rule

Davis Polk lawyers discuss the Federal Trade Commission’s recently finalized rule banning non-compete covenants with employees and other workers. While it remains to be seen whether the rule will survive various legal challenges, companies will want to be ready for any outcome – whether the rule is implemented or new legislation is adopted. 

Topics include:

• Overview of the FTC rule: What the rule prohibits and the narrow exceptions
• Current status of the rule: The (un)likelihood of the rule going into effect
• What companies can do now during this time of uncertainty:
• Other avenues to protect confidential information and company inventions