https://www.taxtmi.com/news?id=22829 The Commission's Guidance Note treats non-compete clauses as ancillary restraints when limited to the business sold and its territory, accepting longer durations where goodwill and know how transfer occur, and clarifies that a non-ancillary finding is not a presumption of infringement. To reduce information burden and allow contractual flexibility, the Commission proposes deleting the Form I disclosure requirement for non-compete justifications; parties remain responsible for ensuring competition compliance and substantive concerns may be examined under competition law. en-us Sat, 16 May 2020 09:58:57 +0530 Sat, 16 May 2020 09:58:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22829 The Commission's Guidance Note treats non-compete clauses as ancillary restraints when limited to the business sold and its territory, accepting longer durations where goodwill and know how transfer occur, and clarifies that a non-ancillary finding is not a presumption of infringement. To reduce information burden and allow contractual flexibility, the Commission proposes deleting the Form I disclosure requirement for non-compete justifications; parties remain responsible for ensuring competition compliance and substantive concerns may be examined under competition law. News - Sat, 16 May 2020 09:58:57 +0530 https://www.taxtmi.com/news?id=22829