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Apr 23, 2024 · Employers will be required to provide notice to workers other than senior executives who are bound by an existing noncompete that they will not be enforcing any noncompetes against them. In January 2023, the FTC issued a proposed rule which was subject to a 90-day public comment period.
May 9, 2024 · Update: The FTC published the Final Non-Compete Clause Rule on May 7, 2024, with an effective date of September 4, 2024. We have updated this advisory, originally published April 23, 2024,...
Apr 23, 2024 · The following outline provides a high-level overview of the FTC’s proposed final rule: The final rule bans new noncompetes with all workers, including senior executives after the effective date.
May 31, 2024 · On May 7, 2024, the Federal Trade Commission (“FTC”) published its controversial final rule (the “Rule”) that once effective will ban employers from entering into new non-compete agreements...
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.
Apr 23, 2024 · The Federal Trade Commission on Tuesday said employers could no longer, in most cases, stop their employees from going to work for rival companies. The sweeping action could help create jobs,...
May 6, 2024 · The FTC’s new noncompete rule adopts a comprehensive prohibition on the use of noncompete clauses in any U.S. industry with any worker, including those at senior executive levels. The...
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 workers,...
3 days ago · The FTC's recent ban was not exactly news for companies operating in California, Minnesota, North Dakota, and Oklahoma. These states have already banned noncompete agreements.
Apr 23, 2024 · Federal regulators on Tuesday enacted a nationwide ban on new noncompete agreements, which keep millions of Americans — from minimum-wage earners to CEOs — from switching jobs within their...
