5 ms·

Does this apply retroactively? If I am already in a non-compete in NYC is it null and void?

• toomuchtodo 3y ago
  > Bill No. S6748 is generally aimed at preventing the establishment of monopolies, monopsonies, and restraints of trade. > If enacted, the provisions of S6748 would prevent employers from entering into or maintaining non-competition agreements with workers, including independent contractors, absent a “good faith basis” to believe that a non-compete agreement is enforceable. The bill does not expand upon what constitutes a “good faith basis.” The legislation would also define “non-compete agreement” broadly to include any “de facto” agreement that “has the effect of prohibiting [covered individuals] from seeking or accepting employment[,]” such as overbroad non-disclosure agreements and training-repayment obligations. Employers would also be required to rescind unenforceable non-compete agreements with both current and former workers, and they would be required to provide notice to each worker that an agreement is no longer in effect. If enacted, the law would take effect immediately. Status: https://www.nysenate.gov/legislation/bills/2023/S6748 https://www.nysenate.gov/legislation/bills/2023/S6748
  • epicureanideal 3y ago
    Wow, they included NDAs! Amazing! See my previous comment about the problem of overly broad NDAs: https://news.ycombinator.com/threads?id=epicureanideal&next=36174482#36132641 https://news.ycombinator.com/threads?id=epicureanideal&next=...