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In Split Vote, FTC Approves Controversial Final Rule Banning Most Post-Employment Non-Competes; Rule Already Subject To Challenge In Court - Employee Benefits & Compensation

On April 23, 2024, by a 3-2 margin, the FTC voted to finalize its controversial non-compete rule, which, generally, will prohibit businesses from entering into non-compete agreements with nearly all workers across the U.S. going forward .

United statesSupreme courtRule is already subjectFederal register noticeCommissioners holyoakRule survivesLegal challengesNearly all non competesBecome effectiveFederal trade commission actShould pay close attentionBan extends broadlyNearly all workersMust notify workersTheir non competeNot going away

In Split Vote, FTC Approves Controversial Final Rule Banning Most Post-Employment Non-Competes; Rule Already Subject to Challenge in Court | Mintz - Antitrust Viewpoints

On April 23, 2024, by a 3-2 margin, the FTC voted to finalize its controversial non-compete rule, which, generally, will prohibit businesses from entering into non-compete agreements.

United statesSupreme courtRule is already subjectFederal register noticeCommissioners holyoakRule survivesLegal challengesBecome effectiveFederal trade commission actShould pay close attentionBan extends broadlyNearly all workersLimited exceptionsMust notify workersTheir non competeNot going away

FTC Noncompete Ban Already Challenged by Federal Court in Texas

FTC Noncompete Ban Already Challenged by Federal Court in Texas
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United statesSupreme courtRule is already subjectFederal register noticeCommissioners holyoakRule survivesLegal challengesBecome effectiveFederal trade commission actShould pay close attentionBan extends broadlyNearly all workersLimited exceptionsMust notify workersTheir non competeNot going away

FTC Votes to Ban Noncompete Agreements for Nearly All Workers

The Federal Trade Commission voted on Tuesday to ban noncompete agreements, which prohibit people from working for their employers’ competitors — or starting a competing business — after they leave

United statesSuzanne clarkLina khanUs chamberFederal trade commissionBan noncompete agreementsNearly all workers