Non-Competes: Do They Favor or Hinder Fair Competition? -- You Decide

more+
less-

Non-compete agreements tend to evoke strong reactions when brought up in conversation. Many people have strong opinions about whether they are favor or hinder fair competition. Opinions often vary depending upon whether you ask an employee or management. Recently, some have argued that non-competes hinder fair competition because they drive employees to relocate from states that enforce them to states that do not. This argument has been most forcefully advanced by a trio of authors who ask "Why has Silicon Valley become the most entrepreneurial and technologically successful region in the world today?" The authors believe it may be because California, with very few limited exceptions, prohibits non-compete agreements. In their paper entitled "Regional Disadvantage? Non-Compete Agreements and Brain Drain," the authors contend that the "state sanction of non-competes contributes to a 'brain drain' of knowledge workers...from regions that enforce non-compete to those that do not."

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Fisher Phillips | Attorney Advertising

Written by:

more+
less-

Fisher Phillips on:

JD Supra Readers' Choice 2016 Awards
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×