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On April 23, 2024, the Federal Trade Commission ("FTC") voted 3 – 2 in favor of issuing a final rule (the "Rule") prohibiting employers from entering into or enforcing essentially...
Executive Summary: As we recently reported, the Federal Trade Commission (FTC) issued its long-awaited final rule on April 23, 2024, banning virtually all noncompetition agreements between employers and workers.
On April 23, the FTC issued its much-anticipated Final Rule banning worker non-competes. The Final Rule targets the Biden administration’s goal of reducing barriers to employee...
WHAT HAPPENED: On Tuesday, April 23, 2024, the Federal Trade Commission (FTC) issued the Non-Compete Clause Rule (the "final rule" or the "rule"), which effectively bans the use and enforcement...
With the issuance of the Federal Trade Commission's (FTC or Commission) much-anticipated final rule on its "non-compete ban" (see Holland & Knight's previous alert, "New FTC Rule Bans...