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Message
re: Non-Compete agreements are now illegal nationwide!
Posted on 4/23/24 at 3:20 pm to kingbob
Posted on 4/23/24 at 3:20 pm to kingbob
quote:
I agree with banning non-competes
So if you bought a dry cleaning business from a single individual owner and part of the transaction the former owner agreed to a 15 mile non-compete, you think that shouldn't be legal? And now you think former non-competes, which caused a pricing premium, should be void and that former owner should be able to open a dry cleaning business next door?
ETA:
I'm just playing devils' advocate here.
This post was edited on 4/23/24 at 3:22 pm
Posted on 4/23/24 at 3:26 pm to CatfishJohn
I should have been more specific. This ruling bans non-competes as a condition of employment. That is what I support banning. A non-compete as a condition of a land or business sale seems like the valid usage of a non-compete.
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