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This seems like the sort of thing that software engineers should be organizing around and calling their state representatives about to make these unenforceable.

This seems like the sort of thing that software engineers should be organizing around and calling their state representatives about to make these unenforceable. Has anyone tried doing so already?

paulgb 6y ago
California already has: https://www.huffpost.com/entry/understanding-californias-ban-on-non-compete-agreements_b_58af1626e4b0e5fdf6196f04 https://www.huffpost.com/entry/understanding-californias-ban... I think NY would have a harder time doing this without losing employers in finance. A lot of IP in algorithmic trading can't be protected by patents since they only work if they are kept secret. Non-competes are essentially the only mechanism for IP protection of trading strategies.
- jen20 6y ago
  Non-competes in finance are often _much_ more reasonable - mandated "gardening leave" rather than a restriction on post-employment activity.
- Eridrus 6y ago
  Most finance is not algorithmic trading, and we already have trade secret law for this sort of thing.