Legislation to end non-competes in New York reaches Gov. Hochul’s desk: Report

STATEN ISLAND, N.Y.— Legislation that would ban non-compete agreements in New York passed the state’s Assembly last week and has reached Gov. Hochul’s desk, Axios reported. Put simply, non-competes prevent people from starting a new job after leaving a former employer for a span of time pre-determined in the contract. The long-held practice by companies across the U.S. has come under scrutiny as of late. Earlier this year, the Federal Trade Commission’s reportedly proposed a nationwide ban on non-competes. The bill proposed in Albany voids “every contract by which anyone...