On April 23, 2024, the Federal Trade Commission (FTC) issued a final rule that will effectively prohibit most non-competition clauses and will rescind most existing non-competition clauses.
We previously wrote about the procuring-cause doctrine here. As a refresher, the procuring-cause doctrine provides that a salesperson or other agent who contracts for a commission.
On April 23, 2024, the Federal Trade Commission ("FTC") voted 3-2 to issue a final rule that prohibits most employers and workers from entering into non-compete clauses.
On April 23, 2024, the FTC voted to adopt a rule prohibiting employers from entering into non-competes with workers employed by companies over which the FTC.
On April 23, 2024, the Federal Trade Commission (the "FTC") issued the Non-Compete Clause Rule (the "Final Rule") that bans all new non-compete clauses with employees at all levels, including senior executives, after the effective date.