Have non-competes been banned for sellers, or just employees?
For those of you that might not have heard, the FTC has made a rule that bans new non-competes for workers going forward and nullifies current non-competes for non-senior executive employees.
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Setting aside whether or not the courts will rule that the FTC has this rule making ability or whether this should have gone through the legislature., does anyone know whether this impacts the non-compete provisions put in place when someone sells a business?
