WebJan 13, 2024 · On January 5, the FTC announced a notice of proposed rulemaking (NPRM) regarding banning the use of noncompete clauses in employment contracts. Among other things, the NPRM, would make it illegal ... WebThe new size thresholds will apply to transactions consummated on or after March 4, 2024. 1. On February 4, 2024, the FTC and DOJ announced that the agencies would temporarily suspend the practice of granting early termination for HSR filings. The agencies have the discretion to “early terminate” the standard 30-day waiting period, or 15 ...
FTC seeks to ban noncompete clauses Orrick, Herrington
WebThe parties must wait 30 days (15 days in the case of a cash tender or bankruptcy transaction) after filing a notification to allow the agencies to investigate. If the parties request an early termination of that waiting period, the agencies may allow them to … WebJun 13, 2024 · Start Preamble. Section 7A of the Clayton Act, 15 U.S.C. 18a, as added by Title II of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, requires persons contemplating certain mergers or acquisitions to give the Federal Trade Commission and the Assistant Attorney General advance notice and to wait designated periods before … the districts rocking chair tab
FTC and DOJ Suspend Grant of Early Termination for Merger …
Weboccurrence of the event), without the need for notice. These are quite inflexible as there is no option to terminate the contract early and are therefore not very common. 2 Contracts … WebFeb 8, 2024 · On Thursday, February 4, 2024, the Federal Trade Commission (FTC), with the concurrence of the Department of Justice’s Antitrust Division (DOJ), announced that … WebThe Federal Trade Commission (“FTC”) and Department of Justice (“DOJ”) announced on February 4 that they have suspended the practice of granting early termination of the … the distro llc