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On January 5, the Federal Trade Commission (FTC) issued an extremely broad Notice of Proposed Rulemaking which, if adopted in its current form, would prohibit nearly all private employers from entering into or enforcing non-compete agreements with their employees. In this Client Alert, our partner Thomas C. Senter outlines key provisions of the proposed rule, including the circumstances under which it would supersede any state laws related to non-compete agreements, New Jersey-specific considerations, and how limited exceptions to the rule in its current form might impact both non-profit and for-profit healthcare sector employers.
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