This week, we’re examining the Federal Trade Commission’s (FTC’s) stance on a federal non-compete ban, the expansive changes introduced by Florida’s Contracts Honoring Opportunity, Investment, Confidentiality, and Economic Growth (CHOICE) Act, and a pivotal ruling by the Supreme Court of the United States (SCOTUS) on pension withdrawal liabilities.
FTC Delays Decision on Non-Compete Rule
The FTC requested an additional 60 days to decide if it will continue defending the non-compete ban, suggesting the rule may soon be withdrawn.
Florida CHOICE Act Expands Non-Competes
Florida’s new CHOICE Act now allows non-compete agreements for covered employees to span up to four years, doubling the previous limit. The law also simplifies the process for employers to secure injunctive relief, making Florida one of the most employer-friendly states.
SCOTUS to Rule on Pension Withdrawal Liability
SCOTUS will decide how pension withdrawal costs are calculated, which could mean significant financial changes for employers.
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