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re: How does the FTC have the authority to do this - Non Compete ?
Posted on 4/24/24 at 9:00 am to jrodLSUke
Posted on 4/24/24 at 9:00 am to jrodLSUke
quote:
If I hire a new employee, give them access to privileged company information, and then they leave to work for a competitor, I don't see how they could possibly do so without using the knowledge they gained from employment in my company to help my competitor potentially taking away my business.
If you are in Louisiana, you can have a separate confidential and trade secret information agreement that is completely separate from a covenant not to compete or solicit. And it is enforceable, even under the new rule.
Can't speak to other states on those specific points, but I cannot imagine it would be much different.
Posted on 4/24/24 at 9:03 am to Indefatigable
Yeah in LA we have at least 3 statutes/regs that cover these aeras.
1. LA Trade Secrets Act, LA RA 51:1431, et seq
2. LA Unfair Trade Practices and Consumer Protection Law. (LUTPA), LA RS 51:1401, et seq
3. Our non-compete statute: LA RS 23:921
This regulation should only cover #3 above.
1. LA Trade Secrets Act, LA RA 51:1431, et seq
2. LA Unfair Trade Practices and Consumer Protection Law. (LUTPA), LA RS 51:1401, et seq
3. Our non-compete statute: LA RS 23:921
This regulation should only cover #3 above.
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