Today the Federal Trade Commission voted 3-2 to approve a Final Rule that, absent a successful legal challenge, will ban most noncompete agreements in the United States beginning 120 days after publication in the Federal...more
4/24/2024
/ Employment Contract ,
Enforcement ,
Federal Bans ,
Federal Trade Commission (FTC) ,
FTC Act ,
Non-Compete Agreements ,
Non-Disclosure Agreement ,
Non-Solicitation Agreements ,
Notice of Proposed Rulemaking (NOPR) ,
Restrictive Covenants ,
Trade Secrets
On January 5, 2023, the Federal Trade Commission (“FTC”) proposed an expansive new rule which would impose a near-complete ban on the use of noncompetes (the “Proposed Rule”) by employers. The Proposed Rule is the...more
1/6/2023
/ Compliance ,
Enforcement ,
Executive Orders ,
Fair Labor Standards Act (FLSA) ,
Federal Trade Commission (FTC) ,
FTC Act ,
Non-Compete Agreements ,
Preemption ,
Proposed Rules ,
Restrictive Covenants ,
SCOTUS ,
Shareholders ,
West Virginia v EPA