Quick update: As reported yesterday by Law360, Federal Trade Commission Chair Lina Khan will be replaced by existing FTC Commissioner Andrew Ferguson. You may recall that, when the FTC’s Noncompete Rule was voted on, Commissioner Ferguson submitted testimony opposing it.
Mark Meador, a partner at antitrust law firm, Kressin Meador Powers LLC, will be the new (fifth) commissioner.
We will soon see what happens with the FTC’s appeals in the 5th Circuit and 11th Circuit.