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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...