FTC ban on noncompetes raises confidentiality issues—and can it be enforced?
To keep data safe without the help of noncompete agreements, law firms may turn to other tools to protect their business interests, such as nonsolicitation agreements and trademarks. For information to be entitled to legal protection as a trade secret, the owner of the information must make efforts to protect it that are reasonable under the circumstances.
Read more at ABAJournal
How the White House's Executive Order on AI may impact the law
AI specialist Wendy Lee shares legal insights about the current and future state of federal artificial intelligence issues.
Read more at Fast Company
Live Nation ticket buyers sue in wake of US Justice Department case
The first consumer class action to piggyback on the government cases, opens new tab was filed later on Thursday in Manhattan federal court, seeking $5 billion in damages on behalf of potentially millions of ticket purchasers.
Read more at Reuters
The regulations, adopted by the CFPB in March, seek to cap late fees for credit card payments at $8, compared with current late fees of $30 or more. Although a bane for consumers, the fees generate about $9 billion a year for card issuers, according to the agency.
Read more at CBS News
After decades of regulation that stood in direct opposition to the will of many American voters -- and the majority Michigan voters since 2008 -- the DEA plans to eliminate its strict federal prohibition on marijuana.
Read more at mLive
The Biden administration issued final rules Wednesday to require airlines to automatically issue cash refunds for things like delayed flights and to better disclose fees for baggage or canceling a reservation.
The Transportation Department said airlines will be required to provide automatic cash refunds within a few days for canceled flights and “significant” delays.
Read more at WZZM13
IRS Independent Office of Appeals forms Alternative Dispute Resolution Program Management Office
The newly formed Alternative Dispute Resolution Program Management Office, an arm of the IRS Independent Office of Appeals, will work with the agency’s business operating divisions—Wage & Investment, Large Business & International, Small Business/Self-Employed, and Tax Exempt and Government Entities—to help taxpayers resolve tax disputes earlier and more efficiently, the IRS said on April 24.
Resad more at IRS.gov
FTC votes to ban most employers from using noncompete clauses. But legal challenge is expected
The FTC estimates that 30 million people – one in five US workers – are bound by a noncompete clause in their current jobs. And for most of them, the agency asserts, such a clause restricts them from freely switching jobs, lowers wages, stifles innovation, blocks entrepreneurs from starting new businesses and undermines fair competition.
Read more at CNN
Starting today, ISPs must display labels with price, speeds, and data caps
Comcast and other ISPs complained that listing every monthly fee would be too difficult, but the FCC rejected the industry's petition to weaken the rules. Big ISPs appear to be complying with the rules so far.
Read more at ars technica
