FTC to hold a webinar on its noncompete ban

The Federal Trade Commission announced today that, on Tuesday, May 14, at 11:00 AM ET, it will host a public webinar on its noncompete ban.

FTC staff will “provide an overview of the FTC’s final rule banning noncompetes, which will include information on how to comply with the rule after its effective date.”

Members of the public are invited to submit questions in advance by email to asknoncompete@ftc.gov.

FTC staff will provide an overview of the rule and answer questions that the FTC receives before the webinar.

The FTC says that the webinar will last about 45 minutes. It is unclear how that will happen given the volume and nature of the questions the FTC is likely to receive. We shall see.

The FTC will provide a link to the webinar “on the day of the event, shortly before the webinar starts via FTC.gov.” In addition, the FTC will record the webinar and make the recording available on its website after the event.

Should be interesting.

What to know now…

In the meantime, here is what you need to know about the rule: FTC bans noncompetes: How will you protect your company’s information and keep your customers?

Also, in case you missed it, there are currently three lawsuits challenging the rule:

  • Ryan, LLC v. FTC, the first lawsuit challenging the FTC’s rule, was filed the day the FTC issued the Rule (April 23) and is pending before Judge Brown in the United States District Court for the Northern District of Texas.
  • U.S. Chamber of Commerce, together with the Business Roundtable, the Texas Association of Business, and the Longview Chamber of Commerce, collectively filed their own lawsuit the next day (April 24) against the FTC and FTC Chair Lina Khan (in her official capacity) in Tyler, Texas.
  • ATS Tree Services, LLC v. FTC, the latest case so far (filed April 25), is pending before Judge Hodge in the United States District Court for the Eastern District of Pennsylvania.

The most interesting issue in those cases right now is who will benefit from an order (if one issues).

We will keep you posted.