NAB Opposes Non-Compete Ban
• The National Association of Broadcasters (NAB) has joined with numerous state and national organizations in sending a letter to Congress opposing the Federal Trade Commission’s proposed rulemaking banning noncompete clauses nationwide.
In an attached explanation, NAB SVP of Communications Alex Siciliano notes, “The proposed ban on noncompete agreements is far-reaching and oversteps the FTC’s jurisdiction. Broadcasting presents a unique case for reasonable noncompete clauses due to the substantial investments broadcasters make in promoting on-air talent.”
The letter reads, in part: “The FTC lacks the constitutional or statutory authority to issue such a rule and, in attempting to do so, the agency is improperly usurping the role of Congress.” It continues, “Moreover, this sweeping rule would invalidate millions of contracts around the country that courts, scholars, and economists have found entirely reasonable and beneficial for both businesses and employees. Accordingly, we ask you to exercise your oversight and appropriations authority to closely examine the FTC’s proposed rulemaking.”
The complete letter is available to read here.