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   • JD Supra

     The FTC’s New Final Rule on Non-Competes: Key Points for Businesses | JD Supra

     On April 23, 2024, the Federal Trade Commission (FTC) approved a rule banning employers from enforcing non-compete agreements for all workers,...

     2 days ago

   • JD Supra

     JD Supra: The FTC's New Rule Invalidates Most Non-Competition Clauses

     On April 23, 2024, the Federal Trade Commission (“FTC”), in a 3-2 vote, approved a final rule that renders existing non-competition agreements for employees working in for-profit businesses ...

     1 hour ago

   • JD Supra

     JD Supra: Federal Trade Commission Votes To Ban Non-Compete Clauses, Immediately Sued

     On April 23, the Federal Trade Commission voted 3-2 to publish its new rule, 29 C.F.R. Part 910, banning almost all non-compete clauses with workers. The rule will take effect 120 days after formal publication in the Federal Register.

     3 hours ago

   • JD Supra

     The FTC Bans Non-Compete Agreements – What You Need to Know | JD Supra

     Commission (FTC) voted 3-2 in favor of issuing the final Non-Complete Clause Rule (the Final Rule) banning post-employment non-compete agreements for workers, with very limited exceptions. The ...

     2 days ago

   • JD Supra

     JD Supra: FTC Issues Near-Total Ban on Non-Competes in Final Rule, with a Narrow Exception...

     On April 23, 2024, the Federal Trade Commission (FTC), in a party-line vote, approved its final rule banning most non-compete agreements. The final rule bans all non-competes nationwide, including ...

     7 days ago

   • JD Supra

     FTC’s Non-Compete Rule May Also Ban “Functional Non-Compete” Agreements – What are “Functional Non-Competes”? | JD Supra

     This ban, if it survives pending legal challenges, would essentially nullify typical non-compete agreements that prevent employees from competing with their former employers for a specific period ...

     3 days ago

   • JD Supra

     FTC Approves Final Rule Banning Non-Compete Clauses | JD Supra

     With limited exceptions, the Final Rule prohibits employers from entering new non-compete agreements with workers and requires employers to notify workers with existing non-compete agreements ...

     2 days ago

   • The National Law Review

     Navigating the FTC Rule to Ban Non-Competes: Crucial Answers for Inquiring Employers and Employees

     Federal Trade Commission (FTC) voted to eliminate most non-compete clauses in employer-employee agreements. This rule is slated to become effective 120 days after its publication in the Federal ...

     1 day ago

   • JD Supra

     JD Supra: FTC finalizes rule banning non-compete agreements

     The rule represents an unprecedented effort by the FTC to assert broad rulemaking authority, and has already been challenged in court. The publication of the final non-compete rule concludes ...

     6 days ago

   • JD Supra

     JD Supra: Life After the FTC Non-Compete Ban: What Companies Should Know

     In a novel and sweeping act of substantive rulemaking, the U.S. Federal Trade Commission (FTC) determined that non-compete agreements between employers and workers constitute an “unfair method ...

     1 day ago

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2. • • Under the final Noncompete Rule, the FTC adopts a comprehensive ban on new noncompetes with all workers, including senior executives. The final rule provides that it is an unfair method of competition—and therefore a violation of Section 5—for employers to enter into noncompetes with workers.
     www.ftc.gov › legal-library › browse

     Noncompete Rule | Federal Trade Commission

3. People also ask

   What is the final noncompete rule?

   • Under the final Noncompete Rule, the FTC adopts a comprehensive ban on new noncompetes with all workers, including senior executives. The final rule provides that it is an unfair method of competition—and therefore a violation of Section 5—for employers to enter into noncompetes with workers.

   Noncompete Rule | Federal Trade Commission

   www.ftc.gov/legal-library/browse/rules/noncompete-rule

   See all results for this question

   Will the FTC ban noncompetes?

   • “The FTC’s final rule to ban noncompetes will ensure Americans have the freedom to pursue a new job, start a new business, or bring a new idea to market.” The FTC estimates that the final rule banning noncompetes will lead to new business formation growing by 2.7% per year, resulting in more than 8,500 additional new businesses created each year.

   FTC Announces Rule Banning Noncompetes | Federal Trade Commission

   www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes

   See all results for this question

   Is a noncompete a violation of Section 5 of the FTC Act?

   • In the final rule, the Commission has determined that it is an unfair method of competition, and therefore a violation of Section 5 of the FTC Act, for employers to enter into noncompetes with workers and to enforce certain noncompetes.

   FTC Announces Rule Banning Noncompetes | Federal Trade Commission

   www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes

   See all results for this question

   Is the final rule a violation of Section 5 of the FTC?

   • Specifically, the final rule provides that it is an unfair method of competition—and therefore a violation of Section 5 of the FTC Act—for employers to enter into noncompetes with workers after the effective date. For existing noncompetes, the final rule adopts a different approach for senior executives than for other workers.

   Fact Sheet on FTC’s Proposed Final Noncompete Rule

   www.ftc.gov/news-events/news/press-releases/2024/04/fact-sheet-ftcs-proposed-final-noncompete-rule

   See all results for this question

4. www.ftc.gov › news-events › newsFTC Announces Rule Banning Noncompetes - Federal Trade Commission

   www.ftc.gov › news-events › news

   • Cached

   Apr 23, 2024 · The final rule will become effective 120 days after publication in the Federal Register. Once the rule is effective, market participants can report information about a suspected violation of the rule to the Bureau of Competition by emailing noncompete@ftc.gov.

   • Noncompete Rule | Federal Trade Commission

     Under the final Noncompete Rule, the FTC adopts a...

   • Fact Sheet on FTC’s Proposed Final Noncompete Rule

     April 23, 2024. Tags: Competition. Office of Policy...

5. www.federalregister.gov › non-compete-clause-ruleFederal Register :: Non-Compete Clause Rule

   www.federalregister.gov › non-compete-clause-rule

   • Cached

   May 7, 2024 · In the final rule, § 910.1 defines “non-compete clause” as a term or condition of employment that either “prohibits” a worker from, “penalizes” a worker for, or “functions to prevent” a worker from (A) seeking or accepting work in the United States with a different person where such work would begin after the conclusion of the ...

6. Videos

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     msn.com

     New FTC rule bans non-compete agreements

     Apr 24, 2024

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     4:54

     youtube.com

     Federal Trade Commission proposes ban on noncompete clauses

     Jan 5, 2023

     17K Views

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     3:50

     youtube.com

     LaborSpeak: FTC Approves Rule Voiding and Banning Non-Compete Agreements

     Apr 24, 2024

     324 Views

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7. www.skadden.com › insights › publicationsFTC’s Final Rule Banning Worker Noncompete Clauses: What It ...

   www.skadden.com › insights › publications

   • Cached

   Apr 24, 2024 · On April 23, 2024, the Federal Trade Commission (FTC), in a 3-2 vote, issued a final rule that bans noncompete clauses between workers and employers as “unfair method [s] of competition” under Section 5 of the FTC Act, subject to only a few exceptions.

8. www.reuters.com › practical-law-the-journalThe FTC’s Final Rule Banning Post-Employment Non-Competes

   www.reuters.com › practical-law-the-journal

   • Cached

   May 17, 2024 · On April 23, 2024, the FTC announced the issuance of a final rule banning employers from entering into, enforcing, or attempting to enforce post-employment non-compete clauses with...

9. www.jdsupra.com › legalnews › the-ftc-s-new-finalThe FTC’s New Final Rule on Non-Competes: Key Points for ...

   www.jdsupra.com › legalnews › the-ftc-s-new-final

   • Cached

   1 day ago · On April 23, 2024, the Federal Trade Commission (FTC) approved a rule banning employers from enforcing non-compete agreements for all workers, including employees and independent contractors, with ...