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Well I for one, as a business owner, am perfectly fine with this. I have been on the losing end of a non compete when I left a former employer and started a competing business. I’m currently still unable to earn a living within a 50 mile radius of my home address until July of this year. So I travel for roughly 2 plus hours just to be able to put food in the table for my family. It’s ridiculous, especially in the construction industry. Thank God the a-hole that sued me will never be able to do that again.

I’m curious in whether a legal settlement at mediation is an accrued cause of action or if filing the lawsuit against me was a cause of action, or if neither are causes of action.

1 posted on 04/23/2024 3:48:36 PM PDT by TermLimits4All
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To: TermLimits4All
From the Crain's New York Business piece:
“The administrative state cannot legislate because Congress declines to do so,” Ferguson said.

In a call with reporters Monday, the Chamber’s Chief Policy Officer Neil Bradley said the FTC doesn’t have the authority to issue the rule.

‘Micromanaging’ economy

The rule “opens up a Pandora’s box where this commission or future commissions could be literally micromanaging every aspect of the economy,” Bradley said. “Agencies can’t exercise authority that Congress hasn’t given them. Congress has not given the FTC the ability to write regulations with respect to competition.”

My premise: Nothing the Biden administration pushes is good for honest Americans. [Emphasis added].
2 posted on 04/23/2024 3:54:42 PM PDT by xoxox
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To: TermLimits4All

I always thought it as very anti capitalist. Glad to see it tossed.


5 posted on 04/23/2024 4:22:53 PM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: TermLimits4All

Long overdue.


6 posted on 04/23/2024 4:54:01 PM PDT by Reno89519 (If Biden is mentally unfit to stand trial, he is mentally unfit to be president. He needs to resign.)
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To: TermLimits4All

In 2008 I lost my 18 year career at a company due to reorganization. They offered me six months severance by signing a one year non compete.

Had I just quit I could have done anything I wanted.

The time for a non-compete s when they hire you, not when they’re getting ready to jettison you.

I found another job in the industry in three months. Lawyers from both companies fought over me for three more months then the old employer gave up.

They were also in the middle of a huge liability suit and didn’t have time to worry about me. (They paid out big time. Not duentonguilt but due to deeper pockets. I almost felt bad for them)

That said I understand the need. But a NDA seems far mo tree valuable than a non compete.


7 posted on 04/23/2024 4:59:24 PM PDT by cyclotic (Don’t be part of the problem. Be the entire problem)
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To: TermLimits4All

Using Contract law to prevent competition has its limits here.

The Government is being used in this case either way, so I’m in favor of what ennables freedom and market competition.


8 posted on 04/23/2024 5:01:20 PM PDT by Bayard
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To: TermLimits4All

Had non-competes on me for most of my career. It was the only thing that kept me from going to work for the biggest competitor when an employer would scr*w me on the way out the door. They were used big time against salespeople, and used to get away with avoiding paying commissions on made sales without having to worry that I would go to a competitor and pull the sale over. I lost over $1M in commissions over my career to shady business owners and the non-competes kept me from being able to do anything about it.


9 posted on 04/23/2024 5:43:57 PM PDT by RainMan ((Democrats ... making war against America since April 12, 1861))
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To: TermLimits4All

This whole thing reminds me of this scene from Madmen.

https://www.youtube.com/watch?v=Y0PTIo-73_g


11 posted on 04/23/2024 6:53:23 PM PDT by Dr. Sivana
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To: TermLimits4All

I’m on the side of those who want to make non-compete clauses weak, but NOT at the expense of allowing unelected bureaucrats to make such sweeping changes on their own initiative. They are our hired help. They should do NOTHING without the explicit permission of our elected representatives.

Moreover, this is manifestly an issue for state and local governments to deal with, unless the agreements cross state lines.


12 posted on 04/23/2024 6:58:04 PM PDT by ccmay (Too much Law; not enough Order.)
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To: TermLimits4All
Thank God the a-hole that sued me will never be able to do that again.

The can't compete no longer saddled with a non-compete. What's changed?

14 posted on 04/23/2024 9:04:53 PM PDT by Ahithophel (Communication is an art form susceptible to sudden technical failure)
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