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New federal rule bans 'noncompete' agreements for most workers

Noncompete agreements are banned in three states, including California, and some opponents of noncompetes argue that California's ban has been a key contributor to that state's innovative tech economy. ....

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New federal rule would bar 'noncompete' agreements for most employees

New federal rule would bar 'noncompete' agreements for most employees
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New federal rule would bar 'noncompete' agreements for most employees

New federal rule would bar 'noncompete' agreements for most employees
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New federal rule would bar 'noncompete' agreements for most employees

WASHINGTON (AP) — U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule ....

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New federal rule would bar 'noncompete' agreements for most employees

U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court. The Federal Trade Commission voted Tuesday 3-2 to ban measures known as noncompete agreements, which bar workers from jumping to or starting competing companies for a prescribed period of time. The Biden administration has taken aim at noncompete measures, which are commonly associated with high-level executives at technology and financial companies but in recent years have also ensnared lower-paid workers, such as security guards and sandwich-shop employees. ....

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