FTC Passes Final Rule Banning Worker Non-Compete Agreements - Contract of Employment
On April 23, 2024, the Federal Trade Commission (FTC) voted to ban non-compete agreements in the employment context.
Source: mondaq.com
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FTC Issues Final Rule Banning Most Non-Competes; Legal Challenges Underway | Brooks Pierce
On Tuesday, April 23, the Federal Trade Commission (FTC) issued a proposed final rule banning most non-compete agreements between an employer and its workers. The Final Rule aims to...
Source: jdsupra.com
Employer Takeaways from the FTC Non Compete Ban Proposal
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.
Source: natlawreview.com
Sweeping Ban on Non-Compete Clauses Proposed by Federal Trade Commission | Proskauer - Employee Benefits & Executive Compensation Blog
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...
Source: jdsupra.com
Whats in the FTCs Proposed Rule Against Non Compete Clauses
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.
Source: natlawreview.com