re: Non-Compete agreements are now illegal nationwide!

quote:

---

What if I sell my business to someone and then go right out and start another business just like the one I just sold?

---

In California, where non-competes have always been illegal, there is a carveout allowing non-competes in this specific situation (along with a couple others - partners in a partnership, etc).

I would imagine the FTC has something similar in there but who knows. It may be as simple as saying that people selling a business interest aren't "employees" - which is true - so they aren't covered here.