How The FTC's Ban On Noncompetes Will Transform The Tech Industry [Forbes]
HP Inc. (HPQ)
Last hp inc. earnings: 2/24 04:05 pm
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Source: Forbes
The U.S. Federal Trade Commission's recent decision to invalidate most noncompete agreements is a pivotal moment that demands attention from leaders in all sectors. Noncompete agreements have long been a standard in many industries, especially tech, where they prevent employees from joining competitors or starting similar ventures. However, the FTC's new rule reflects a growing consensus that these agreements stifle innovation and unfairly limit workers' career advancements. This recent decision is set to take effect in four months and poised to impact approximately 30 million workers. Despite the potential benefits, the rule faces opposition. Some argue that noncompetes help companies protect trade secrets and encourage investment in employee training. The U.S. Chamber of Commerce has already signaled intentions to challenge the rule, suggesting a contentious legal battle ahead. California's experience, where noncompetes have been unenforceable, supports the idea that such f
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HPQ
Earnings
- 2/28/24 - In-Line
HPQ
Sec Filings
- 4/25/24 - Form 8-K
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- HPQ's page on the SEC website