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Last month, the Northern District of Texas struck down the FTC’s rule banning post-employment #noncompete agreements, which was originally slated to take effect on September 4, 2024. The rule, which classifies noncompete agreements as "unfair methods of competition," would significantly impact practices that rely on these agreements for patient retention and investment protection. However, the FTC is considering an appeal and there could be more legal developments in the future. To that end, #physician practices and their investors may want to start evaluating existing noncompete agreements and consider alternative risk mitigation strategies given the evolving related state laws and should the rule ever be enacted in the future. 🔗Read the full article by Erin Whaley, Barbara Sicalides, Emma Trivax, and Jeremy Levy on Reuters Legal News: https://lnkd.in/exEvk9zK

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