5min chapter

Open to Debate cover image

Should the FTC Ban Non-compete Clauses?

Open to Debate

CHAPTER

The Secret Sauce Factor in Protecting Trade Secrets

Heidi Schlumpf: Is the secret sauce factor actually a legitimate concern for businesses? She says there are very valid reasons why businesses want to and need to be able to protect their trade secrets. But in states where noncompetes are legally unenforceable, she says, leaks of confidential information have just brought these companies down. "There are just other very effective ways to protect trade secrets that don't have the other very negative impacts"

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