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Sep 21, 2023 · The Federal Trade Commission and the U.S. The Federal Trade Commission and the U.S. Department of Labor (DOL) signed a new agreement that will bolster the FTC’s efforts to protect workers by promoting competitive U.S. labor markets and putting an end to unfair, deceptive, and other unlawful acts and practices, as well as unfair methods of competition, that harm workers.
Jan 13, 2023 · Employers say that noncompete agreements are needed to protect trade secrets and investments. The FTC says they deprive workers of their economic liberties and has proposed a rule to ban them.
In accord with the President’s Executive Order, on January 5, 2023, the FTC proposed a new rule that would ban employers from imposing or enforcing non-competes on their workers as an “unfair method of competition” under Section 5 of the FTC Act. The proposed rule follows FTC settlements last week with three companies and two individuals ...
May 10, 2023 · Agency had spent $500,000 on effort by late February. The Federal Trade Commission is expected to vote next April on the final version of its proposal to ban noncompete agreements in employment contracts, according to a person familiar with the matter. The agency received nearly 27,000 comments on the draft rule proposed in January.
Jan 10, 2023 · SARAH MILLER: Absolutely so. Last week, the FTC proposed a new rule that would ban full stop non-compete agreements in employment contracts. So non-compete agreements apply to roughly 30 million ...
Apr 23, 2024 · The Federal Trade Commission on Tuesday voted to ban for-profit US employers from making employees sign agreements with noncompete clauses. Such a ban could affect tens of millions of workers.
Jan 5, 2023 · FTC proposes ban on non-competes. On January 5, 2023, the Federal Trade Commission (FTC) announced a sweeping new proposed rule banning non-compete agreements between nearly all employers and workers with its release of a Notice of Proposed Rulemaking (NPRM). If enacted in its current form, the FTC rule would constitute a drastic change in the ...
