Global Guide to Non-Competition Agreements

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WLG Handbooks & Guides 2018 Global Guide to Non-Competition Agreements
2018 Global Guide to Non-Competition Agreements
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Non-competition agreements can help a business protect its confidential information, trade secrets and customer relationships, and prevent unfair competition. However, whether such agreements can be enforced, and under what circumstances, vary significantly among jurisdictions. The aim of this publication is to have a dedicated resource on the enforceability of non-competition agreements, distilling the experience of numerous World Law Group (“WLG”) member firms into a single reference.We hope that this guide will be useful for those who have to deal with non-competition agreements in one of the jurisdictions covered. This guide focuses on the laws around the world as they currently stand at the date of publication. However, we cannot exclude some changes in the laws to a certain extent in this area. Please visit this page where we hope to post updates as they become available, and feel free to consult other reference sources.We wish you a good read!

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Legal Update
Date Posted: May 17, 2022

Further changes to unfair competition laws in Germany are imminent. After the Act against Unfair Competition (UWG) was fundamentally changed in December 2020, further amendments will come into force on May 28, 2022.

Legal Update
Date Posted: May 12, 2022

The prohibition on abusing an undertaking's economic dependency, which came into force on August 22, 2020, targets a situation where an undertaking abuses the economically dependent position of another undertaking (e.g., a supplier or a customer) where one is an indispensable economic partner for the other.

Legal Update
Date Posted: May 12, 2022

In November 2020, Korean Air Lines Co Ltd entered into a share subscription agreement with Asiana Airlines Inc, which had been in financial distress. This was the first successful Merger Notification under the Malaysian Aviation Commission Act 2015.