NLR Web Content Specialist Shelby Garrett speaks with Katz Banks Kumin Associate Rachel Green about FTC proposed ban on non compete agreements. Proposal could overhaul employment relationships, expand protections for independent contractors, volunteers, apprentices.
Christine Wilson, the only remaining Republican Federal Trade Commission Commissioner, published an Wall Street Journal Op-Ed announcing resignation from the FTC. Commissioner Wilson was the lone dissenting voice on the FTC’s proposed rule banning noncompetes nationwide.
Federal Trade Commission FTC announced it will be hosting public forum on February 16, 2022, from 12:00-3:00 p.m. ET, to discuss proposed nationwide noncompete ban. Forum is intended to supplement FTC’s request for written comments, which as of today have exceeded 10,000.
Federal Trade Commission caught attention of employers across country by issuing a proposed rule to ban vast majority of non-compete clauses used in United States. FTC estimates 30 million people are subject to non-compete clauses in employment contracts.
100 industry organizations submitted a request to the Federal Trade Commission FTC to extend the comment period for its proposed rule banning noncompetes nationwide by an additional 60 days. The current deadline to submit comments to the FTC is March 20, 2023.