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Federal Trade Commission issued proposed rule prohibit employers from using noncompete agreements with their employees or independent contractors. This proposal arises from preliminary finding by FTC that noncompetes constitute an unfair method of competition in violation of FTC act.
Federal Trade Commission FTC released a sweeping notice of proposed rulemaking NPRM, aimed at barring the use of noncompete agreements by deeming those covenants to be an unfair method of competition in violation of Section 5 of the Federal Trade Commission Act FTC Act.
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.
Federal Trade Commission FTC issued complaints against three employers alleging they unlawfully imposed non-competition restrictions on employees, including low-wage workers, that barred them from seeking or accepting post-termination employment with competing business.
FTC provided additional guidance for mobile health app developers signaling its continued interest and focus on companies that collect health information but may not be a covered entity or business associate under HIPAA. The FTC will likely increase expectations of compliance.