0
0.0
Apr 12, 2024
04/24
by
CSPAN2
tv
eye 0
favorite 0
quote 0
and ftc. why don't you kick it off and share with us how the guidelines reinvigorate the whole of law. >> thank you so much. it's a pleasure to be here with you and great enforcers. though your voice is a little scratchy your voice is mighty. we are thrilled chair khan we can have this conversation today. we work with our partners at the ftc on the merger guidelines the 2023 merger guidelines. we are proud of the work products. it embodies some really important and significant principles. first and foremost the merger guidelines start with the really important question is how is competition work in this particular market only evaluate a merger? making sure we are protecting competition competitive process. it results in so many wonderful benefits for w society. whether better wage for worker, better price for consumer. more opportunity for information to be shared among the citizens which is so critical to the political discourse. it is an important first question. we talk t about in the merge
and ftc. why don't you kick it off and share with us how the guidelines reinvigorate the whole of law. >> thank you so much. it's a pleasure to be here with you and great enforcers. though your voice is a little scratchy your voice is mighty. we are thrilled chair khan we can have this conversation today. we work with our partners at the ftc on the merger guidelines the 2023 merger guidelines. we are proud of the work products. it embodies some really important and significant principles....
0
0.0
Apr 12, 2024
04/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
to give a couple of examples ftc roof on industrial space. it's an area we reviewed the acquisition to be how they would be affected how our military would be affected. how u.s. tax diversity affected. roeser deepening our relationship with the department departmentof labor and the natil relations board to better protect workers in make way for marketed more competitive. we are able to share information. prostrating and partner within each agency's authority. lastly the d.o.j. working to file comments with other agencies what they are undertaking homemaking to make sure we are sharing our perspective that some of their work could be affecting competition. be it at usda or other agencies that are overseeing specific sectors. that's been a terrific area assured cooperation. anything to ensure? >> just to say it has been an extraordinary run. it has been terrific you talk about cooperation with the federal trade commission. i had the privilege and i don't think i have ever known a time when the relationship has ever been stronger in the collabor
to give a couple of examples ftc roof on industrial space. it's an area we reviewed the acquisition to be how they would be affected how our military would be affected. how u.s. tax diversity affected. roeser deepening our relationship with the department departmentof labor and the natil relations board to better protect workers in make way for marketed more competitive. we are able to share information. prostrating and partner within each agency's authority. lastly the d.o.j. working to file...
0
0.0
Apr 15, 2024
04/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
to give a couple of examples ftc roof on industrial space. it's an area we reviewed the acquisition to be how they would be affected how our military would be affected. how u.s. tax diversity affected. roeser deepening our relationship with the department departmentof labor and the natil [captioning performed by thenat, which is responsible for its caption content and accuracy. visit ncicap.org] [captions copyright national cable satellite corp. 2024] >> we are going to leave this here to take you live to the u.s. house this afternoon where members are set to work on several iran-related measures. representatives will also be voting later to send fisa legislation to the senate after it passed the house last week. live coverage of the house here on c-span. the speaker pro tempore: the house will be in order.
to give a couple of examples ftc roof on industrial space. it's an area we reviewed the acquisition to be how they would be affected how our military would be affected. how u.s. tax diversity affected. roeser deepening our relationship with the department departmentof labor and the natil [captioning performed by thenat, which is responsible for its caption content and accuracy. visit ncicap.org] [captions copyright national cable satellite corp. 2024] >> we are going to leave this here to...
0
0.0
Apr 22, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> and the ftc moving to block tapestry's acquisition of michael kors parent capri. why the move? and what does it mean for the two companies' futures? on the desk tonight, we have carter worth, courtney garcia, dan nathan, and guy adami. >>> we're going to start with the sigh of relief for stocks. the s&p 500 surging nearly 1% to snap a six-day losing streak. the dow gaining 250 points, the nasdaq leading the charge up 1.1%. markets did close off their highs of the session, though. and are still well below their recent records. the s&p down about 4% in the past month and the nasdaq down nearly 6% in that same period of time. all 11 s&p 500 sectors were in the green today, with tech the notable standout. nvidia leading that group higher, up more than 4% for its best day in over a month. but this comes after friday's 10% selloff. in fact, all ofthe so-called magnificent seven stocks with the exception of tesla, finishing the day higher. this all happening as we get ready for big tech earnings kickoff. meta reporting wednesday, microsoft and alphabet on thursday. amazo
. >>> and the ftc moving to block tapestry's acquisition of michael kors parent capri. why the move? and what does it mean for the two companies' futures? on the desk tonight, we have carter worth, courtney garcia, dan nathan, and guy adami. >>> we're going to start with the sigh of relief for stocks. the s&p 500 surging nearly 1% to snap a six-day losing streak. the dow gaining 250 points, the nasdaq leading the charge up 1.1%. markets did close off their highs of the...
0
0.0
Apr 26, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
amazon is pushing back against this ftc allegation with some force. we will get to that, but we are talking about communications made by executives on the signal app. explain it to us. mike: it is important to turn the clock back a couple of months to september and this is when the ftc filed its initial antitrust case against amazon. they have been gradually increasing the pressure on this company. in november, they had a less redacted version of the case released to the public and that indicated they had concerns. they didn't name names. today, we learned and we are discussing today the latest and that is that they are naming names including ceo andy jassy and founder jeff bezos. that indicates the kind of pressure the agency is putting on the company. it echoes what this broader effort against big tech in d.c. caroline: turn the clock back even further and you go back to 2019 when jeff bezos made clear that his phone had been hacked. that is the argument as to why executives moved to signal and these discussions that can delete themselves. amazon ha
amazon is pushing back against this ftc allegation with some force. we will get to that, but we are talking about communications made by executives on the signal app. explain it to us. mike: it is important to turn the clock back a couple of months to september and this is when the ftc filed its initial antitrust case against amazon. they have been gradually increasing the pressure on this company. in november, they had a less redacted version of the case released to the public and that...
0
0.0
Apr 28, 2024
04/24
by
MSNBCW
tv
eye 0
favorite 0
quote 0
the ftc's ban is not a done deal yet. it's already facing challenges, as united states chamber of commerce, the largest business lobby, and several other business groups sued the ftc in federal court on wednesday, asking them to prevent the rule change from taking effect. this is a major regulatory change that was designed for pushback. now we have to wait to see whether the ftc's authority to ban non-competes will actually stand. coming up next, the supreme court is not the only court weighing in on president trump as his hush money trial picks up on tuesday. what we can expect in the week ahead. it connects to every tool he needs, ♪♪ to complete almost any task. ♪♪ but above all, it delivers total confidence. you just have to get in the seat. what if you could go from this to this. with just one step tresemmé silk serum. time for the ultimate humidity test. weightlessly smooth hair your turn. new tresemmé keratin smooth collection. i was born with a fire inside. but psoriasis doused my flame. until i got clear
the ftc's ban is not a done deal yet. it's already facing challenges, as united states chamber of commerce, the largest business lobby, and several other business groups sued the ftc in federal court on wednesday, asking them to prevent the rule change from taking effect. this is a major regulatory change that was designed for pushback. now we have to wait to see whether the ftc's authority to ban non-competes will actually stand. coming up next, the supreme court is not the only court weighing...
0
0.0
Apr 5, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
both of which the ftc reviewed and carefully cleared at the time. meta also says after extensive discovery, it is apparent that the ftc cannot prove any of the required elements of its claim. this first ever attempts to revisit acquisitions reviewed and cleared by the ftc a decade ago threatens beneficial competition and is unsupported. you can imagine here, tyler, that the ftc will not agree with this. just because you file a motion for summary judgment doesn't mean you will necessarily get it. but meta here is arguing this case should be over and done with. we will wait to see what the ftc has to say about this as well. >> do we know anything about the situation where the ftc or another body has seemingly approved a merger, only to have that merger then called into question years later? >> yeah, that's a good question. i don't know the history of other bodies, but what meta is arguing here is this the first ever case where that's happened in terms of the ftc itself. now, this case was brought in 2020. remember, the actual transactions were in '12
both of which the ftc reviewed and carefully cleared at the time. meta also says after extensive discovery, it is apparent that the ftc cannot prove any of the required elements of its claim. this first ever attempts to revisit acquisitions reviewed and cleared by the ftc a decade ago threatens beneficial competition and is unsupported. you can imagine here, tyler, that the ftc will not agree with this. just because you file a motion for summary judgment doesn't mean you will necessarily get...
0
0.0
Apr 17, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
i mean, now, you have ftc worried about something that's impossible. the two things that have happened here is how theseat prices go up so much, i'd like to look at that. right? i mean, don't you think that's -- >> yeah. do you have -- >> and then insurance. insurance. >> do you have an entrant in the boeing ceo sweepstakes at all? larry culp -- >> take larry culp off. david is working on a very big merger. take him off. take judy marx off. she would be good. i'll get that "time" 100 event. >> are you going? hang out with mahomes and who else? >> ma homey. yeah. he's -- he's all over me. what? i'm going, okay? hey, like, wow. >> i didn't say anything. >> it's a great event. >> yeah. >> it's a -- it's not the first time. >> we'll talk more about some of the corporate leaders that are on the list this year. we'll get cramer's "mad dash," countdown to the opening bell, one more look at futures. this has been the pattern here where the premarket starts strong. we'll see if it holds as wree' trying to snap this three-day loss. don't go away. old school hard
i mean, now, you have ftc worried about something that's impossible. the two things that have happened here is how theseat prices go up so much, i'd like to look at that. right? i mean, don't you think that's -- >> yeah. do you have -- >> and then insurance. insurance. >> do you have an entrant in the boeing ceo sweepstakes at all? larry culp -- >> take larry culp off. david is working on a very big merger. take him off. take judy marx off. she would be good. i'll get...
0
0.0
Apr 25, 2024
04/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
whether it is the ftc or the f.c.c. itself which flies title one broadbrand there are multiple cops on the beat to address the types of concerns if they arise. but then again at a macro level, the merritts of the net when they started in 2005, i think you compare the market power today and the level of competition today to when it started, it is a little different. even if we were in a situation without a cop on the beat, which we're not, but if we were, there is a tremendous act amount of market influencing factors that could be brought to bear. that is not what i'm talking about for my argument. >> why would it be better for ftc to be the cop on the beat? >> because a couple of reasons. when you apply title 2 to the internet, itle kos with a host of -- comes with a host of additional heavy handed regulations that have nothing to do with net neutrality and similar rules that you articulated. second and most fundamentally, it is a question of do with e have the power to do it? it is better for it to remain with the ftc
whether it is the ftc or the f.c.c. itself which flies title one broadbrand there are multiple cops on the beat to address the types of concerns if they arise. but then again at a macro level, the merritts of the net when they started in 2005, i think you compare the market power today and the level of competition today to when it started, it is a little different. even if we were in a situation without a cop on the beat, which we're not, but if we were, there is a tremendous act amount of...
0
0.0
Apr 24, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
the ftc has come over the top to say we think it is a violation of the ftc act, but that is not the same thing as saying that we are overruling state law and you cannot enforce a contract. i think it is a pretty tricky constitutional question about the supremacy clause about how they interrelate. sonali: it's interesting, you mentioned private equity is one of the places heavily impacted. are there other places you see is impacting this most clearly and should they be considering at least thinking through future policies, given that it would change a lot for them? doug: yeah, it's really any industry with highly compensated workers who have access to trade secrets or goodwill and to have formal or informal employment agreements in place. we are not talking about line manufacturing employers, we are talking about the services industry, biotech, places with highly compensated formalized employment. that is who should be paying a lot of attention to this. sonali: a bit at odds with to businesses. does, thank you so much for eating some sense of this rule and seeing how it will move forward
the ftc has come over the top to say we think it is a violation of the ftc act, but that is not the same thing as saying that we are overruling state law and you cannot enforce a contract. i think it is a pretty tricky constitutional question about the supremacy clause about how they interrelate. sonali: it's interesting, you mentioned private equity is one of the places heavily impacted. are there other places you see is impacting this most clearly and should they be considering at least...
0
0.0
Apr 23, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
why my son in the ftc on the soma? they're going after a merger that's trying to do something anticompetitive. let me put it this way. why do they want to buy capri? they cut labor costs by laying people off. i do take out arrival that competes for shelf space. i like the deal precisely because it would eliminate fears head-to-head competition on many important attributes including price, end quote, like the ftc says in its release. i mean, come on, we are talking about stuff that i guess is kind of exactly like in a subtle way. what am i supposed to do here? argue that it won't have an impact to the lawyers why argue that will have an impact to potential shareholders? i may be the most sincerely insincere man in north america even for me, that is what i call pretzel logic. who would -- that's from a member of my staff. whatever by this? not only that, i was hoping the tapestry would create this colossus by continuing to buy up additional brands. the commission says the tapestry has no plans to stop acquiring companies
why my son in the ftc on the soma? they're going after a merger that's trying to do something anticompetitive. let me put it this way. why do they want to buy capri? they cut labor costs by laying people off. i do take out arrival that competes for shelf space. i like the deal precisely because it would eliminate fears head-to-head competition on many important attributes including price, end quote, like the ftc says in its release. i mean, come on, we are talking about stuff that i guess is...
0
0.0
Apr 23, 2024
04/24
by
FBC
tv
eye 0
favorite 0
quote 0
>> ftc, it would drive prices higher. and well-known fashion brands, and and the $8 billion deal, the ftc, they are asking for a lot of information. even though the european union, and threatens to deprive million of americans, and the divine marketing and advertising. and we are getting it all wrong. look tapestry, capri, head to head with brands, and karen which owns gucci, tapestry said this, and they operate, capri sews the market realities overwhelmingly demonstrate the transaction will not limit, reduce, or constrain operation. there are hundreds of handbag options every price point across the channels. the ftc is not only targeting luxury retail, the latest move to scrutinize mergers and acquisitions. look at your screen, dozens of efforts to block an airline, grocery, energy, video games, they were asked about this merger and what it does with retail and luxury retail brands, they are pulling back, prices are high amid inflation. then you see the government taking so many actions, it was about competition or anti-
>> ftc, it would drive prices higher. and well-known fashion brands, and and the $8 billion deal, the ftc, they are asking for a lot of information. even though the european union, and threatens to deprive million of americans, and the divine marketing and advertising. and we are getting it all wrong. look tapestry, capri, head to head with brands, and karen which owns gucci, tapestry said this, and they operate, capri sews the market realities overwhelmingly demonstrate the transaction...
0
0.0
Apr 23, 2024
04/24
by
KNTV
tv
eye 0
favorite 0
quote 0
and the ftc is trying to block this, saying it could raise grocery prices. now the company says it will sell 579 stores in the hope to get regulatory approval. >> charlotte, thank you. >>> trump is poised to receive over a billion dollars worth of trump media stock by the end of the day. the company, which owns the truth social app set aside these so-called earn-out shares for the former president if the company's stockmet a minimum share price benchmark. the stock is down about half from its public debut at $35.50 per share, it is still above the $17.50 threshold. >>> ftx's founder has agreed to participate in lawsuits against celebrities that include tom brady and larry david and shaquille o'neal. if approved, it would free bankman-fried from civil liability. this come just weeks after he was sentenced to 25 years in prison for fraud charges. >>> the top names in the comedy world will attempt to channel their inner eli manning for the roast of tom brady. we have the first details right after this. e first details righ after this. wow, rude. i just mean all
and the ftc is trying to block this, saying it could raise grocery prices. now the company says it will sell 579 stores in the hope to get regulatory approval. >> charlotte, thank you. >>> trump is poised to receive over a billion dollars worth of trump media stock by the end of the day. the company, which owns the truth social app set aside these so-called earn-out shares for the former president if the company's stockmet a minimum share price benchmark. the stock is down about...
0
0.0
Apr 30, 2024
04/24
by
CSPAN2
tv
eye 0
favorite 0
quote 0
it's not the reality of the landscape right now so right now providers are fully regulated by b the ftc under their authorities and that addresses all sorts of unjust practices in fact there are many actors in that ecosystem that arest subject to those regulatis and the vast majority of the actors in that ecosystem that can engage in discriminatory conduct or not going to be subject to the title two regulation so the idea that there's no cop on the beat and by putting the title two been placed there will be a cop on the beta doesn't accurately portray it. there are two cops on the beat just last year wet. adopted a digital equity that gives almost unbounded authority to regulate nearly every aspect of how the internet works so the ftc today or fcc itself under the order that applies to title i broadband but the market power is important here. of the merits when they started in 2005 i think if you compare the market power today and the level of competition today to when it started, it's quite a bit different so if we were in a situation without a cop on the beat, if we were there is a tr
it's not the reality of the landscape right now so right now providers are fully regulated by b the ftc under their authorities and that addresses all sorts of unjust practices in fact there are many actors in that ecosystem that arest subject to those regulatis and the vast majority of the actors in that ecosystem that can engage in discriminatory conduct or not going to be subject to the title two regulation so the idea that there's no cop on the beat and by putting the title two been placed...
0
0.0
Apr 26, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the ftc first opened this investigation into amazon back in 2019. it was the same year amazon executives did start using the encrvncrypted app this is not the first time, guys, excuse me, federal agencies have complained about these apps the doj alleged that google encouraged employees to use even krapted apps the fbi voiced concerns over wall street using signal and other encrypted apps. >> i don't know the law here but my assumption is unless and until you are alerted by counsel or law enforcement to retain communications, there is no obligation on a company or an individual's part to do so. >> that's right. the ftc opened this case in 2019 and did say they knew that discovery would be part of this and that they were obligated to hold on to these messages. but this signal and encrypted apps are increasingly common i would say in silicone valley among tech companies and that auto delete retention is really getting on the wrong side of regulators they have been frustrated time and time again when a variety of cases, not just amazon, that they are no
the ftc first opened this investigation into amazon back in 2019. it was the same year amazon executives did start using the encrvncrypted app this is not the first time, guys, excuse me, federal agencies have complained about these apps the doj alleged that google encouraged employees to use even krapted apps the fbi voiced concerns over wall street using signal and other encrypted apps. >> i don't know the law here but my assumption is unless and until you are alerted by counsel or law...
0
0.0
Apr 24, 2024
04/24
by
CNNW
tv
eye 0
favorite 0
quote 0
the chamber of commerce is suing you and the ftc. they argue this is an unlawful power grab, one that will undermine american businesses ability to remain competitive. that this ban sets a dangerous precedent for government micromanagement of business and can harm employers. workers, and our economy unquote, what is your response? >> we're so excited to have been able to finalise this rule, which is undoubtedly going to be good for american workers giving them more opportunity to freely pursue a new job opportunity. go start their own business and bring a new idea to market it's also going to be great for the american economy, creating new businesses and promoting innovation. so this is the right thing to do. we have clear legal authority to do so in our rule lays out an extensive detail why that is the ftc is also done this before. we've promulgated dozens or and so we're confident that we'll be able to prevail. >> so as of right now, the non-compete, there's a ban on it or it just it has to be litigated first. for instance, i have
the chamber of commerce is suing you and the ftc. they argue this is an unlawful power grab, one that will undermine american businesses ability to remain competitive. that this ban sets a dangerous precedent for government micromanagement of business and can harm employers. workers, and our economy unquote, what is your response? >> we're so excited to have been able to finalise this rule, which is undoubtedly going to be good for american workers giving them more opportunity to freely...
0
0.0
Apr 25, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
ftc chair lina khan. talk to her about her agency's banning non-compete clauses in employment agreements and what it meaorns f you. >>> stay tuned you're watching "squawk box" on cnbc. >> no application fee if you apply by may 31st at university of maryland global campus, an accredited university that's transformed adult lives for 75 years. you're not waiting to win, you're ready to succeed again at umgc.edu. >>> up next, breaking quarter gdp data big number and market's down big as we await the flub dow futures off mo 2alst50 points we'll be right back. like sushi classy- clem's not a morning person. i'm tasting it- or a night person. or a... people person. but he is an “i can solve this in 4 different ways” person. and that person... is impossible to replace. you need clem. clem needs benefits. work with principal so we can help you help clem with a retirement and benefits plan that's right for him. i'm short but i'm... i'm confident. you know? let our expertise round out yours. only at vanguard, yo
ftc chair lina khan. talk to her about her agency's banning non-compete clauses in employment agreements and what it meaorns f you. >>> stay tuned you're watching "squawk box" on cnbc. >> no application fee if you apply by may 31st at university of maryland global campus, an accredited university that's transformed adult lives for 75 years. you're not waiting to win, you're ready to succeed again at umgc.edu. >>> up next, breaking quarter gdp data big number...
0
0.0
Apr 2, 2024
04/24
by
CSPAN2
tv
eye 0
favorite 0
quote 0
well, you know, the ftc, it's i guess like i feel like i do this for a living and. i don't like about its website as much as i look it up, but it's like i and it is i mean, i do think too, sometimes we only have a few minutes left, but you don't even recognize sometimes that it's an email. i'm like, i think i'm a pretty astute person, right? i can think two years ago in a friend of mine with like asked me to go to some webinar in back of my mind, i was like, oh, melanie sells cleaning products now, and it didn't occur to me that it was an mlm. i just thought, well, i'm she's doing something new, so you don't always recognize it either. well, they know not to advertise it that way, right? so, you know, not to just walk up to you and be like, are you interested in multilevel marketing? like that's not the sales pitch, but they're, they're getting sneakier. i feel like there's more like there does used to be a way against the rules, way against the rules. but they're now getting on store shelves, like making official partnerships with like a big brand like sephora. so,
well, you know, the ftc, it's i guess like i feel like i do this for a living and. i don't like about its website as much as i look it up, but it's like i and it is i mean, i do think too, sometimes we only have a few minutes left, but you don't even recognize sometimes that it's an email. i'm like, i think i'm a pretty astute person, right? i can think two years ago in a friend of mine with like asked me to go to some webinar in back of my mind, i was like, oh, melanie sells cleaning products...
0
0.0
Apr 29, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
>> about 37% of all jobs are covered with the ftc ruling. the majority of jobs are not that does not mean they're not going to be other efforts to up approach this through legislation. >> what large areas of the economy are not covered. ? >> financial service industry and definitions, medical industry. those are two that they do not fall under the ftc. >> if i am a banker at chase, they can still in force on me a noncompete agreement. >> if you live in nine states in the country, little more difficult than if you live in the other. state laws also are in place that address the noncompete. there is all kind of ways that the noncompete dynamic can be, let us take away from the free market through some sort of legislative or governmental action. >> non-competes became more prevalent with the diminishing role of unions in history. i am curious, now that we have seen more of a movement towards unions, does this rule need to take place or do you think that unions will ultimately be able to resolve some of the issues with non-competes? or is this n
>> about 37% of all jobs are covered with the ftc ruling. the majority of jobs are not that does not mean they're not going to be other efforts to up approach this through legislation. >> what large areas of the economy are not covered. ? >> financial service industry and definitions, medical industry. those are two that they do not fall under the ftc. >> if i am a banker at chase, they can still in force on me a noncompete agreement. >> if you live in nine states...
0
0.0
Apr 24, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
it is in most cases is what the ftc is saying. i think one of the questions you have to look at is, you know, broadly speaking for the whole u.s. economy, does this improve wages for workers or are these negotiations sort of built into these noncompete deals so that if i have agreed to a noncompete, my salary is higher and will you now see employers try to lower the salaries on people where noncompetes are no longer enforceable, saying we paid you an extra bonus so to speak to have this noncompete, and now it is not enforceable, we're going to lower your salary. >> the restricted shares become compensation once -- if you walk away before it, you don't get it so, but if you get it, it is taxable income and you have to report it to the irs, i would think it would follow some of the same irs rules, somewhere along the way. >> right look, the other thing the ftc says here is one of the big arguments that employers use to encourage noncompetes is they say, look, we got to protect our intellectual property. we can't have people walking
it is in most cases is what the ftc is saying. i think one of the questions you have to look at is, you know, broadly speaking for the whole u.s. economy, does this improve wages for workers or are these negotiations sort of built into these noncompete deals so that if i have agreed to a noncompete, my salary is higher and will you now see employers try to lower the salaries on people where noncompetes are no longer enforceable, saying we paid you an extra bonus so to speak to have this...
0
0.0
Apr 25, 2024
04/24
by
KRON
tv
eye 0
favorite 0
quote 0
the ftc says the new rule will spur competition, higher wages and new business growth groups that are against it say it will hurt business is in our already suing to put a stop to it. >> the last thing you want them to do is to be able to take everything that you invested and then walk across the street and delivered to your competitor. >> opponents argue that the ftc doesn't even have the authority to make such a ruling and that the decision should be made by lawmakers. however, ftc officials say it does have the authority and look forward to presenting its case in court. >> meantime, millions of salaried workers will soon qualify for overtime pay under a rule released by the u.s. department of labor starting july first, the new rule raises the current threshold under which salaried employees are eligible for overtime pay. trade associations say it will raise their members costs and hurt their operations. while the government says 4 million workers will benefit from that will change. let's go outside. see how the weather is looking. then we can probably guess it's a little overcast i
the ftc says the new rule will spur competition, higher wages and new business growth groups that are against it say it will hurt business is in our already suing to put a stop to it. >> the last thing you want them to do is to be able to take everything that you invested and then walk across the street and delivered to your competitor. >> opponents argue that the ftc doesn't even have the authority to make such a ruling and that the decision should be made by lawmakers. however,...
0
0.0
Apr 23, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the ftc misunderstand stands the marketplace and the way consumers shop. they say both companies operate in an intensity competitive and fragmented industry am moveng highly competitive brands. it will be an interesting one to watch. they have a judge who was a clinton appointee, u.s. district judge from the southern district. it's not far from here in new york. started in september of '94 and has worked on a number of important cases. let me give you a quick rundown on codel. no antitrust opinions at least, first quick look. he did dismiss the dnc suit against wikileaks, russian campaign interference in the 2016 election. people are looking at his decisions to try to figure out where he'll come down. >> do you see numerous five. proposed acquisition will eliminate direct head-to-head competition. it's all redacted. they've got a home run here. >> so many redactions. that does point to -- it's tough to gauge -- >> i think the ftc has documents. >> yeah. the question is how many are really bad -- >> look. i've against head-to-head competition combining. tha
the ftc misunderstand stands the marketplace and the way consumers shop. they say both companies operate in an intensity competitive and fragmented industry am moveng highly competitive brands. it will be an interesting one to watch. they have a judge who was a clinton appointee, u.s. district judge from the southern district. it's not far from here in new york. started in september of '94 and has worked on a number of important cases. let me give you a quick rundown on codel. no antitrust...
0
0.0
Apr 23, 2024
04/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
but it also highlights a role for the ftc. how many of you are familiar with the issue of beeper mini? that's it? a couple. beeper mini was a technology that rolled out in december of last year. it came up with a solution to the green bubble, blue bubble. walled garden. it enabled people on android devices, samsung users, to communicate with i message users in a blue bubble fashion -- no low contrast, no degrading of photos or video. in that way, among other things, in my view, it promoted accessibility and use-ability by people with disabilities, including having the ability to introducing more competition. which is good for everybody. i think the ftc should investigate apple's conduct with respect to beeper mini and to subsequently apple made changes to imessage, to disable the functionality of beeper mini. the ftc should investigate apple's conduct to see if it complies with the part 14 rules. part 14 rules flow from a landmark disability rights statute. those provisions talk about accessibility. there is a provision that s
but it also highlights a role for the ftc. how many of you are familiar with the issue of beeper mini? that's it? a couple. beeper mini was a technology that rolled out in december of last year. it came up with a solution to the green bubble, blue bubble. walled garden. it enabled people on android devices, samsung users, to communicate with i message users in a blue bubble fashion -- no low contrast, no degrading of photos or video. in that way, among other things, in my view, it promoted...
0
0.0
Apr 24, 2024
04/24
by
FBC
tv
eye 0
favorite 0
quote 0
coming up, the ftc just voted to ban most noncompete agreements. does that make it easier for people to quit their jobs? the clear service people skip to the front of tsa lines but it is expensive. in california, what they want to change that in the name of equity, you can't have expensive things, poor people will get hurt. we will explain after this. ♪ ♪ and when i got there, they have the sushi- this is clem. like sushi classy- clem's not a morning person. i'm tasting it- or a night person. or a... people person. but he is an “i can solve this in 4 different ways” person. and that person... is impossible to replace. you need clem. clem needs benefits. work with principal so we can help you help clem with a retirement and benefits plan that's right for him. i'm short but i'm... i'm confident. you know? let our expertise round out yours. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description.
coming up, the ftc just voted to ban most noncompete agreements. does that make it easier for people to quit their jobs? the clear service people skip to the front of tsa lines but it is expensive. in california, what they want to change that in the name of equity, you can't have expensive things, poor people will get hurt. we will explain after this. ♪ ♪ and when i got there, they have the sushi- this is clem. like sushi classy- clem's not a morning person. i'm tasting it- or a night...
0
0.0
tv
eye 0
favorite 0
quote 0
the ftc is around 1200 employees. but when we are going up against some of these monopolistic companies, they can out match has come out on us, sometimes 1-10, just if you are looking at lawyers, if you are adding paralegals and support -- >> jon: you are looking at lawyers, they outnumber you 10:1? >> sometimes they do. we have lawsuits against how much of the companies and just in terms of sheer resources that they can pour into the litigation, we are pretty outgunned. but not outmatched, right? this is where it comes to playing to your strengths, being entrepreneurial -- >> jon: this is not about getting a fine. this is not about going after amazon and saying -- because this is what the sec does. the sec, i think, is overmatched as a government agency. you don't have to comment on that but just nod your head. utterly overmatched. so they go after groups and then they can't really prove it in court so they are like, how about this? you give us a cut of your profit and we will all be done here. how do you handle that
the ftc is around 1200 employees. but when we are going up against some of these monopolistic companies, they can out match has come out on us, sometimes 1-10, just if you are looking at lawyers, if you are adding paralegals and support -- >> jon: you are looking at lawyers, they outnumber you 10:1? >> sometimes they do. we have lawsuits against how much of the companies and just in terms of sheer resources that they can pour into the litigation, we are pretty outgunned. but not...
0
0.0
Apr 24, 2024
04/24
by
CNNW
tv
eye 0
favorite 0
quote 0
the ftc argues by promoting competition in health care. but here's the problem. >> the us chamber of commee is opposed. >> they are reading this is or businesses are not happy. businesses. they argue that noncompetes are needed to protect trade secrets. >> now this rule only got through the ftc narrowly three two, thtwo republican ssenters, they say that i's unlawful and would not survive legal challenges. >> as i mentioned, the chamber, they're already preparing a lawsuit over what they call as an administrative power grab. >> so listen, kate, i think at the end of the day, pronents, they say ts would be a gam changer for employees, giving them more bargaing per with their bosses. >> the qstion though i whher or not this gets delayed or even killed in e courtroom because it's funny because u say,h non-compet contract law, snow. >> but when u see how many people are impacted, it's huge. >> it's really big this is very interesting all right, let's see where it goes thanks for bringing us jump. >> yeah, exactly zero television correspondents
the ftc argues by promoting competition in health care. but here's the problem. >> the us chamber of commee is opposed. >> they are reading this is or businesses are not happy. businesses. they argue that noncompetes are needed to protect trade secrets. >> now this rule only got through the ftc narrowly three two, thtwo republican ssenters, they say that i's unlawful and would not survive legal challenges. >> as i mentioned, the chamber, they're already preparing a...
0
0.0
Apr 14, 2024
04/24
by
KPIX
tv
eye 0
favorite 0
quote 0
robert costa is in conversation with ftc chair lina kahn. >> reporter: monopoly. it's the game where you bankrupt competitors, buying up the board and charging sky high prices. but from her washington office -- >> there is a real battle for our country. >> reporter: lina kahn is playing a different game. >> anti-monopoly? you are playing that game in real life? >> we are. the experience is not quite akin to playing a board game, but there are challenges and unpredictable swerves. >> reporter: sometimes you roll the dice? >> that's right. >> reporter: kahn is chair. federal trade commission. she has rolled the dice with one buzzy lawsuit after another. big tech. >> the ftc suing microsoft to officially block its planned deal with activision. >> reporter: big pharma. >> suing to block amgen's deal to acquire horizon therapeutics. >> reporter: big grocery. >> the government is trying to block the largest grocery store merger in american history. >> reporter: the ftc is an independent watchdog and warden of competition in business. >> when you have companies that are
robert costa is in conversation with ftc chair lina kahn. >> reporter: monopoly. it's the game where you bankrupt competitors, buying up the board and charging sky high prices. but from her washington office -- >> there is a real battle for our country. >> reporter: lina kahn is playing a different game. >> anti-monopoly? you are playing that game in real life? >> we are. the experience is not quite akin to playing a board game, but there are challenges and...
0
0.0
Apr 17, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
challenging the ftc's reaction to the luxury merger. don't miss it, next. ♪ (upbeat music) ♪ ( ♪♪ ) with the push of a button, constant contact's ai tools help you know what to say, even when you don't. hi! constant contact. helping the small stand tall. >> no application fee if you apply by may 31st at university of maryland global campus, an accredited university that's transformed adult lives for 75 years. you're not waiting to win, you're ready to succeed again at umgc.edu. i have a business idea. and it just might change the world. but here's the thing, i can't do it... alone. so, are you in? i'm in. nothing else to do. yeah, i don't know... um, i need to speak to my agent. (snoring) i think creed's out. >>> i thought the ftc might be preparing, with kate spade, versace, michael kors. i thought it was a joke. it felt like a parity of the trade commission. it's not about monopolization and higher prices for goods, it's not about workers. they want this so they can stay viable. fashion is hard and many fail and they could cre
challenging the ftc's reaction to the luxury merger. don't miss it, next. ♪ (upbeat music) ♪ ( ♪♪ ) with the push of a button, constant contact's ai tools help you know what to say, even when you don't. hi! constant contact. helping the small stand tall. >> no application fee if you apply by may 31st at university of maryland global campus, an accredited university that's transformed adult lives for 75 years. you're not waiting to win, you're ready to succeed again at umgc.edu. i...
0
0.0
Apr 17, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
katie: it got a lot more fun under the ftc dependent on your definition of fun. bailey lipschultz, thank you so much. tesla asking shareholders to vote for a second time on elon musk's 56 billion dollars pay package after a judge rated the first one this year. this is bloomberg. ♪ hey you, with the small business... ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact makes it easy. with everything from managing your social posts, and events, to email and sms marketing. constant contact delivers all the tools you need to help your business grow. get started today at constantcontact.com constant contact. helping the small stand tall. >> tesla shareholders are set to vote on a $56 billion pay package for elon musk again. his compensation was avoided by a delaware court earlier this year and shareholders will also vote on whether to move tesla state of the corporation from delaware to texas. ed ludlow has the details. let's start with the pay package. you look at tesla shares they are down 40% year-to-date. i kn
katie: it got a lot more fun under the ftc dependent on your definition of fun. bailey lipschultz, thank you so much. tesla asking shareholders to vote for a second time on elon musk's 56 billion dollars pay package after a judge rated the first one this year. this is bloomberg. ♪ hey you, with the small business... ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact makes it easy. with everything from managing your social posts, and...
0
0.0
Apr 24, 2024
04/24
by
KGO
tv
eye 0
favorite 0
quote 0
now the ftc wants to get rid of those agreements for good. this morning a sweeping move by the federal trade commission could reshape the job prospects of 30 million americans. >> the motion passes 3-2. >> reporter: the ftc voting to bannon compete agreements which prevent workers from switching jobs to work for a rival company. the nationwide ban means workers applying for a new job wouldn't be forced to sign a noncompete. almost all existing noncompete clauses would be voided. >> it's clear the freedom to leave your job and take another job is fundmental to a free an fair economy. >> reporter: the ftc said the ban will boost workers' wages by up to $488 billion over ten years because they would be free to seek out better paying jobs. >> small businesses, startups are going to benefit tremendously not having to work around noncompetes. >> reporter: jordan cane is the coo of a small trucking company in mississippi. he says 90% of job applicants he finds are stuck in noncompetes. >> if we didn't have non competes we could quickly hire people t
now the ftc wants to get rid of those agreements for good. this morning a sweeping move by the federal trade commission could reshape the job prospects of 30 million americans. >> the motion passes 3-2. >> reporter: the ftc voting to bannon compete agreements which prevent workers from switching jobs to work for a rival company. the nationwide ban means workers applying for a new job wouldn't be forced to sign a noncompete. almost all existing noncompete clauses would be voided....
0
0.0
Apr 24, 2024
04/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
lina conn stays in the ftc. lisa: even if trump wins? jonathan: a lot of republicans agree with what she's doing. thank you. meta coming a little later following tesla yesterday afternoon. coming up next, we will catch up with lori eitel from state street. mike schumacher has him strong bots on his bond market. the fed is easing soon playbook, he says remove it from your desk. you don't -- she doesn't think the cuts are coming anytime soon. lisa: that's why it takes one weaker than expected pmi print to go back to the rate cutting story so does that reverse when we get something else? jonathan: let's talk about supply as well. more supply coming later with bond yields higher by three basis points. the two-year is up by three. from new york, ♪ ♪ this is bloomberg. >> all the things we look at are just not there. >> the big driver here i think does inflation come down as much as we anticipate? >> i'm pretty convinced that inflation is not returning to 2% in a safe and reliable way. >> inflation will just get more elevated than thought.
lina conn stays in the ftc. lisa: even if trump wins? jonathan: a lot of republicans agree with what she's doing. thank you. meta coming a little later following tesla yesterday afternoon. coming up next, we will catch up with lori eitel from state street. mike schumacher has him strong bots on his bond market. the fed is easing soon playbook, he says remove it from your desk. you don't -- she doesn't think the cuts are coming anytime soon. lisa: that's why it takes one weaker than expected pmi...
0
0.0
Apr 25, 2024
04/24
by
KNTV
tv
eye 0
favorite 0
quote 0
they accuse the ftc overstepping its powers. unless the court stopped the, the banning goes to affect 120 days after it is officially published. >>> always excitement for the olympics, but a little more excitement than usual. it is peers. of course, today, a parade in paris, athletes who serve in the french military showed off french and olympic flags, some of the maiden be competing in the games. the parade was put on by the national defense that are in the olympic committee. the opening ceremony out there in paris is july 26. also olympic organizers are preparing for millions of visitors to come to france. today, they unveiled those new olympic rings, terminal one, and showed off a new baggage system and quicker security protocols. >> the message today, we are looking forward to welcoming you . we will be -- entrance and this team is dedicated to making sure that you will have a fantastic experience. >> i even like the accents. i can't wait. the airport also showing new bathrooms for people with disabilities, in case you didn'
they accuse the ftc overstepping its powers. unless the court stopped the, the banning goes to affect 120 days after it is officially published. >>> always excitement for the olympics, but a little more excitement than usual. it is peers. of course, today, a parade in paris, athletes who serve in the french military showed off french and olympic flags, some of the maiden be competing in the games. the parade was put on by the national defense that are in the olympic committee. the...
0
0.0
Apr 12, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the ftc has taken up the flag and run with it. so the real question is, what is the balance of consumer benefit versus consumer harm. and i mentioned once before in an interview on cnbc that one of the challenges for the regulators here is that people really like amazon and they really like the services they get and the way they're bundled together. so as you pointed out in your interview that the stores are doing very well and that consumers seem to be benefitting from it and consumers seem to like it. >> are these good cases though? meaning on the law, are these good cases? the words that we heard from andy jassy suggested that this was overreach, that a lot of these cases may very well be beyond the law, that ultimately a judge is not going to side with the government. >> i think the ftc and doj would tell you that they are pushing the boundaries here, that they are trying to establish new benchmarks in the law. and if you look at their new merger guidelines, for example, they tell you areas that they want to grow into and they
the ftc has taken up the flag and run with it. so the real question is, what is the balance of consumer benefit versus consumer harm. and i mentioned once before in an interview on cnbc that one of the challenges for the regulators here is that people really like amazon and they really like the services they get and the way they're bundled together. so as you pointed out in your interview that the stores are doing very well and that consumers seem to be benefitting from it and consumers seem to...
0
0.0
Apr 27, 2024
04/24
by
MSNBCW
tv
eye 0
favorite 0
quote 0
. >> the ftc is focused on monopolies, not just amazon, but they are going after them over the next few years and it does not seem like the company cares. the new ceo, his focus is to grow and grow and grow. >> they are wildly unphased which could be a breakup of the company if the ftc wins. he's told his deputies that this could be $1 trillion company. it's $2 trillion, he is saying it's not big enough. the general counsel tells employees that heaters are going to hate, we are shaking this off. >> they are. whether we like it or not, they are. are we going to wake up one day and say, how did this happen? the model has been, sell everything and anything and make it super cheap and for sellers, brick-and-mortar operators, they said you can sell on our platforms, and they did that. now, everything is getting more expensive for consumers, but for sellers. >> it is a faustian bargain. they have to be there. they talk about oppressive environments, fees are going up, margins are being compressed and they say why are you still there? they say we have to. because amazon has the power, the dyna
. >> the ftc is focused on monopolies, not just amazon, but they are going after them over the next few years and it does not seem like the company cares. the new ceo, his focus is to grow and grow and grow. >> they are wildly unphased which could be a breakup of the company if the ftc wins. he's told his deputies that this could be $1 trillion company. it's $2 trillion, he is saying it's not big enough. the general counsel tells employees that heaters are going to hate, we are...
0
0.0
Apr 2, 2024
04/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
the leadership and always coming to the policy summit to talk about us about what's going on at the ftc. you said we are going to spend 45 minutes chatting? >> whatever you want. i thought the best way to do this job is to spend as little time inside the beltway as possible. within a day of first being sworn in, i got on a plane and went to north carolina and i spent a lot of time with the fiber builders and the tower climbers. it was a way to understand the red tape that needs to be cut or the changes that need to take place. when you cut out the layers of lawyers and lobbyists, there are people were building the stuff and you ask them what's slowing them down. you'd be surprised about the types of ideas you hear on the road. >> it's a great place to start because you have my knee -- many fiber experts in the room. let's talk about what else the ftc could be doing along with the other agencies to improve the availability of broadband everywhere as we are using both public and private >> the playbook when you look at trying to bridge the divide with increased competition, there is a lot
the leadership and always coming to the policy summit to talk about us about what's going on at the ftc. you said we are going to spend 45 minutes chatting? >> whatever you want. i thought the best way to do this job is to spend as little time inside the beltway as possible. within a day of first being sworn in, i got on a plane and went to north carolina and i spent a lot of time with the fiber builders and the tower climbers. it was a way to understand the red tape that needs to be cut...
0
0.0
Apr 24, 2024
04/24
by
KPIX
tv
eye 0
favorite 0
quote 0
the ftc increasing competition against employers. who have now face a new ( ♪♪ ) you made a cow! actually it's a piggy bank. my inspiration to start saving. how about a more solid way to save? i'm listening. well, bmo helps get your savings habit into shape with a cash reward, every month you save. both: cash reward? and there's a cash bonus when you open a new checking account to get you started. wow. anything you can't do? ( ♪♪ ) mugs. ♪ bmo ♪ it is wired wednesday lot to talk about. today present. biden just signed an international aid package that also forces tiktok to be sold or risk an all out ban in the united states. also, apple hints at a new ipad and google is delaying its cookie phase outside ongoing legal pushback. so joining us to break it all down is lisa pacheco, senior editor at cnet. welcome, lisa and so right off the top. this is what people are really talking about the tick. ban. will it stick? we understand they have what 9 months to get the company sold. >live>yeah, absolutely about 9 months, although that could get extended. and i think it's difficul
the ftc increasing competition against employers. who have now face a new ( ♪♪ ) you made a cow! actually it's a piggy bank. my inspiration to start saving. how about a more solid way to save? i'm listening. well, bmo helps get your savings habit into shape with a cash reward, every month you save. both: cash reward? and there's a cash bonus when you open a new checking account to get you started. wow. anything you can't do? ( ♪♪ ) mugs. ♪ bmo ♪ it is wired wednesday lot to talk...
0
0.0
Apr 3, 2024
04/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
standing up to the drug companies, the ftc has helped deliver this major victory for the american people. and it is not just inhalers. last year, the ceo of moderna committed that his company was set up a patient assistance program so no one in america would have to pay for vaccines out-of-pocket. in a separate hearing, the ceo of eli lilly committed that his company would not raise prices on existing insulin products after announcing substantial price cuts for these products. these efforts will improve life for millions of americans, present -- prevent unnecessary deaths, and save substantial sums of money for working-class families. but let us be clear. despite all we have accomplished up to now, it is not enough. much more needs to be done. in his state of the union address, president biden called on congress to pass legislation to cap out-of-pocket prescription drug costs for all americans at no more than $2000 a year and to substantially increase the number of drugs that can be negotiated with the pharmaceutical industry. i strongly agree with him. and think of what that will mean t
standing up to the drug companies, the ftc has helped deliver this major victory for the american people. and it is not just inhalers. last year, the ceo of moderna committed that his company was set up a patient assistance program so no one in america would have to pay for vaccines out-of-pocket. in a separate hearing, the ceo of eli lilly committed that his company would not raise prices on existing insulin products after announcing substantial price cuts for these products. these efforts...
0
0.0
tv
eye 0
favorite 0
quote 0
we're getting an exclusive look at the ftc's crackdown on so-called impersonation scams. there are new tools to help victims get their money back. abc news chief business, technology and economics correspondent rebecca jarvis has the details. >> ken de la cruz says in january he received this text message from a number claiming to be his bank, asking, did you attempt a zelle transfer for the amount of $500? >> all i did was text no. and then a few minutes later i get a call from my bank saying that there's some fraudulent activities on my, bank account. they wanted to help me stop it, but the call was instead scam ers pretending to be his bank. they even had like a holding music to make it sound like it was from an official bank. >> ken says he provided personal information that he believed was part of a routine process to stop the fraud. scammers managed to transfer $1,500 out of ken's account and obtain an online for thousand dollar personal loan. ken's bank, the navy federal credit union, tells abc news as we take all necessary precautions to best protect our members f
we're getting an exclusive look at the ftc's crackdown on so-called impersonation scams. there are new tools to help victims get their money back. abc news chief business, technology and economics correspondent rebecca jarvis has the details. >> ken de la cruz says in january he received this text message from a number claiming to be his bank, asking, did you attempt a zelle transfer for the amount of $500? >> all i did was text no. and then a few minutes later i get a call from my...
0
0.0
Apr 24, 2024
04/24
by
KNTV
tv
eye 0
favorite 0
quote 0
they say that the ftc doesn't have the jurisdiction. we'll have to see. >> brian with the latest on this big development. >>> turning now to digital divide, millions of americans could lose internet access if a government subsidy is allowed to run out. >> here's the backstory, low-income families enrolled in the acp program, that funding part of president biden's infrastructure bill has almost dried up. liz kreutz has more on this. >> reporter: you've been speaking with school districts in california they're worried about this funding going away. what exactly are they saying in. >> reporter: three million people just here in california are on this program and many of them are students who rely on it to do remote learning at home or just to have access to the internet home. l.a. unified school district is deeply concerned about this program ending and the oakland unified school district said prior to program 12% of students had wifi access at home. after the program now 98% of them do, largely because of acp. take a listen. >> paying for
they say that the ftc doesn't have the jurisdiction. we'll have to see. >> brian with the latest on this big development. >>> turning now to digital divide, millions of americans could lose internet access if a government subsidy is allowed to run out. >> here's the backstory, low-income families enrolled in the acp program, that funding part of president biden's infrastructure bill has almost dried up. liz kreutz has more on this. >> reporter: you've been speaking...
0
0.0
Apr 23, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
this is a measure that has been under discussion at the ftc for a while. this will potentially make significant changes in the way american business relates to american workers, tyler. the measure won't go into effect immediately, there is a period of time, about 180 days, where this has to be worked through the process. but, this was the approval by the ftc for this massive regulatory change in american life. they are saying that under the new rule, noon -- new noncompete clauses will be banned for lower-level employees, and for higher level employees, what they are calling senior executives, existing noncompete clauses will still be allowed. however, for the rest of us, who are not senior executives, noncompete clauses, those that are in effect now, will be unenforceable once this measure finally does go through, tyler. back over to you. >> so, in the future, if one of those highly compensated, high status executives, can my employer write a noncompete clause into a new contract, or not? >> in the future under this rule, noncompete clauses will be allowe
this is a measure that has been under discussion at the ftc for a while. this will potentially make significant changes in the way american business relates to american workers, tyler. the measure won't go into effect immediately, there is a period of time, about 180 days, where this has to be worked through the process. but, this was the approval by the ftc for this massive regulatory change in american life. they are saying that under the new rule, noon -- new noncompete clauses will be...
0
0.0
tv
eye 0
favorite 0
quote 0
ftc cracking down on impersonation scammer likes this one. >> they even had holding music so it made it sound like an official bank. >> robin: our exclusive details on a new rule in effect today. >> michael: ski lift scare. powerful winds up to 70 miles an hour swinging the chairs violently. >> it was like multiple moments of total panic. >> michael: we hear from one of the skiers on the lift. >> george: king charles makes his first significant public appearance since his cancer diagnosis, as princess kate and prince william stay out of the spotlight on easter. >> michael: high horse power chase. >> stop! >> michael: an officer galloping after a suspect. wait until you see what happened next. ♪ >> robin: and overnight -- >> dj burns! >> robin: cinderella nc state still dancing thanks to drops from not one, but two dj's. burns is fired up. and purdue powers its way past tennessee. >> and the next stop on the purdue redemption tour is the final four! >> announcer: live in times square, this is good morning america. >> robin: we do say good morning america. i don't know about y'all, b
ftc cracking down on impersonation scammer likes this one. >> they even had holding music so it made it sound like an official bank. >> robin: our exclusive details on a new rule in effect today. >> michael: ski lift scare. powerful winds up to 70 miles an hour swinging the chairs violently. >> it was like multiple moments of total panic. >> michael: we hear from one of the skiers on the lift. >> george: king charles makes his first significant public...