The FTC has taken its strongest actions yet to limit private contract terms limiting employees’ ability to work for competitors, both issuing a proposed rule barring most noncompete agreements and filing complaints and consent decrees with three companies prohibiting their specific noncompete provisions. Prudent employers should evaluate their own employment contracts to assess the risk
Sean Aasen
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DOJ Reinvigorates Scrutiny of Interlocking Directorates
By Damon Kalt & Sean Aasen on
Posted in Uncategorized
Last month, the U.S. Department of Justice’s (DOJ) Antitrust Division announced that seven directors from the boards of five companies resigned in response to concerns that the directors’ roles violated the prohibition against interlocking directorates under Section 8 of the Clayton Act.1 These resignations follow previous statements by the DOJ that it intended…