Reconsidering How to Protect Trade Secrets, Technology, Intellectual Property from Abuses by Former Employees after Texas Court Invalidates FTC’s Ban on Non-Competition Covenants
…on-Compete Rule in excess of its statutory authority, and (ii) the Rule is arbitrary and capricious, the Court must “hold unlawful” and “set aside” the FTC’s Rule as required under § 706(2). As to the FTC’s argument that relief should be limited to the named Plaintiffs—the APA [Administrative Procedure Act] does not contemplate party-specific relief. See generally 5 U.S.C. § 706(2).” Compliance Strategies. Prior to this August 20, 2024 District…