Page 5 - Prudential Security News Today

The U.S. Federal Trade Commission is proposing a ban on non-compete clauses in employment contracts that keep workers from switching jobs - a sweeping rule likely to affect millions of Americans. The ...

FTC ordered three companies, Prudential Security, O-I Glass Inc., and Ardagh Group SA, strike allegedly illegal noncompete agreements finding that the use of noncompete agreements by these firms constituted an unfair method of competition and violated Section 5 of the FTC Act.

The FTC claims the restrictions prevent workers from seeking jobs with competing businesses for one to two years and lead to lower wages.

On January 5, 2023, the Federal Trade Commission (“FTC”) issued a notice of proposed rulemaking that would prohibit almost all non-compete agreements between employers and employees. In...

Employment attorneys and employers are well aware that noncompete and nonsolicitation agreements have been under continued scrutiny by states across the country. While the laws vary...

The Federal Trade Commission (FTC) won three quick cases against companies imposing harsh noncompete clauses on their employees. In a statement, they say

Under pressure from the Biden administration, two glass container makers and a security company have agreed to drop noncompete requirements which limited where employees could work if they left their... | January 4, 2023

Federal Trade Commission is cracking down on coercive employment agreements that keep workers bound to their jobs.

From Bloomberg: The U.S. Federal Trade Commission is proposing a ban on non-compete clauses in employment contracts that keep workers from switching jobs — a sweeping rule likely to affect millions of Americans.

FTC proposes a ban on noncompete clauses in employment contracts that keep workers from switching jobs in a change likely to affect millions.