On April 23, 2024, the Federal Trade Commission ("FTC") voted 3 – 2 in favor of issuing a final rule (the "Rule") prohibiting employers from entering into or enforcing essentially.
Executive Summary: As we recently reported, the Federal Trade Commission (FTC) issued its long-awaited final rule on April 23, 2024, banning virtually all noncompetition agreements between employers and workers.
Noncompete News: Will New York City s Noncompete Ban Beat the FTC Final Rule to the Punch? | FordHarrison jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
On April 23, the FTC issued its much-anticipated Final Rule banning worker non-competes. The Final Rule targets the Biden administration’s goal of reducing barriers to employee.
WHAT HAPPENED: On Tuesday, April 23, 2024, the Federal Trade Commission (FTC) issued the Non-Compete Clause Rule (the "final rule" or the "rule"), which effectively bans the use and enforcement.