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> The ban, perhaps unintentionally, would also end the use of noncompete provisions that are typical of business acquisitions. A business being acquired is ofte
by gnicholas 3y ago
> The ban, perhaps unintentionally, would also end the use of noncompete provisions that are typical of business acquisitions. A business being acquired is often barred from competing against the business buying it.
Minnesota’s ban carved out an exemption for the sale of businesses, but New York’s proposed ban does not, an oversight that industry analysts warn could dampen the investment environment in New York.