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re: Non-Compete agreements are now illegal nationwide!

Posted on 4/23/24 at 3:20 pm to
Posted by CatfishJohn
Member since Jun 2020
14185 posts
Posted on 4/23/24 at 3:20 pm to
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 by kingbob
Sorrento, LA
Member since Nov 2010
67309 posts
Posted on 4/23/24 at 3:26 pm to
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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