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On Jan. 5, 2023, the Federal Trade Commission (FTC) voted 3-1 to publish a Notice of Proposed Rulemaking for a Non-Compete Rule (Proposed Rule), which provides that virtually all...
The FTC’s notice of the Proposed Rule is the first step in the rulemaking process. Stakeholders will have sixty days to comment on the Proposed Rule following its forthcoming publication in the Federal Register.
On January 5, 2023, the Federal Trade Commission (“FTC”) proposed an expansive new rule which would impose a near-complete ban on the use of noncompetes (the “Proposed Rule”) by...
The Proposed Rule would add a new subchapter to the Code of Federal Regulations providing that an employer may not enter into or attempt to enter into new non-compete clauses as of the Compliance Date; maintain pre-existing non-compete clauses as of the Compliance Date.
On January 5, 2023, the Federal Trade Commission (“FTC”) proposed an expansive new rule which would impose a near-complete ban on the use of noncompetes (the “Proposed Rule”) by...