A federal court in Texas has thrown out the government’s ban on noncompete agreements that was set to take effect September 4.
In her ruling, Judge Ada Brown of the U.S. District Court for the Northern District of Texas wrote that the federal agency had overstepped its power when it approved the ban.
“The FTC lacks substantive rulemaking authority with respect to unfair methods of competition,” she wrote. "The role of an administrative agency is to do as told by Congress, not to do what the agency think[s] it should do.”
I know the guy who brought this suit personally. Damn near worked for him years ago. What a dick. His entire business, hundreds of millions of dollars, is shady as fuck.
Another domino from the Chevron decision falls.
I still predict that the entire tax code will be up next as it’s driven by regulations written by the department of the Treasury. You know, a federal agency, and those no longer have any legal authority.
Department of Treasury has less power than my local Lions Club. It’s insane.