January 18, 2023

For years, many major companies have depended on noncompete clauses to hang on to their most talented employees. These binding agreements prohibit individuals from taking jobs at similar firms or from striking out on their own for a specified period of time. Companies claim that they insert noncompete clauses into employee contracts in order to ensure the safety of trade secrets and other confidential data like consumer lists or contact information. According to a recent proposal from the Federal Trade Continue reading

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August 2, 2019

About two years ago, hackers breached the credit reporting agency Equifax and stole personal information from nearly 150 million people. Along with names and birthdates, the hackers also obtained social security and driver’s license numbers. As consumers responded in anger and disbelief that Equifax could be so negligent, government regulators immediately started investigating the agency. Last week the Federal Trade Commission (FTC) announced the results of that inquiry: Equifax agreed to pay a minimum settlement of $575 million that could Continue reading

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July 23, 2019

In March 2018, the New York Times revealed that Facebook had allowed Cambridge Analytica to gather personal information from more than 50 million users without their knowledge. Soon after the newspaper published its findings, the Federal Trade Commission (FTC) began its own investigation of the social media giant. After about a year of inquiry, last week the government agency imposed a $5 billion fine on Facebook, the largest penalty ever issued by the FTC.

It is also the same amount Continue reading

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