February 14, 2023
FTC Commissioner Not Quiet Quitting – Announces “Noisy Exit”
On February 14th, Commissioner Christine Wilson announced her “noisy exit” and resignation from the Federal Trade Commission. This was just 40 days after she issued the sole and dissenting opinion regarding the FTC’s proposed rule to effectively ban non-compete agreements. What was the FTC’s response? “”While we often disagreed with Commissioner Wilson, we respect her devotion to her beliefs and are grateful for her public service. We wish her well in her next endeavor.”
- On January 5th, the FTC issued a proposed rule to effectively ban any new and all existing non-compete agreements between an employer and a worker.
- On the same day, Commissioner Wilson issued her 14-page dissenting opinion.
- On February 16th, the FTC hosted a public forum regarding the rule.
- The public now has until April 19th (extended from March 20th) to submit comments.
Want more info? You can access the program handout and archived recording of FiveL Company’s FREE webcast that aired on February 15th, “The FTC’s Proposed Rule on Non-Competes and What You Can Do.” The recording still provides certified HR professionals with 1.25 credits pre-approved by SHRM and 1.25 business credits pre-approved by HRCI. Just click here for the link and passcode.