Proposed FTC Rule banning non compete agreements between employers employees would prevent state law permit noncompetes. Companies use non competes restrictive covenants company founders, key employees protect business strategies, prevent workers from accepting employment competitor
On 5 January 2023, the Federal Trade Commission (the FTC) published a proposed rule (the “Proposed Rule”) that would broadly ban companies from entering into noncompete agreements with.
By Erin Barker and Natalie Sanders The last decade has seen significant pushback against non-compete agreements in the employment context. Several states have laws that prohibit or significantly limit their use, and now, the federal government is targeting them. On January 4, 2023, the Federal Trade Commission (FTC) found that three employers’ non-compete agreements “constituted .