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Law, Accounting & Taxes

VIEWPOINT: Executive Order has Little Immediate Impact on Non-Compete Clauses

On Friday, July 9, President Joe Biden signed an executive order on “Promoting Competition in the American Economy” aimed at limiting certain anti-competitive practices across multiple sectors, including agriculture, telecommunications, technology, and pharmaceuticals. The order highlights a multitude of anti-competitive practices in these sectors, including the increasing pervasiveness of non-competition and related agreements throughout the American economy.

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