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Rivkin Radler LLP

FTC Issues New Rule to Abolish Non-Compete Agreements UPDATED April 2024

Rivkin Radler LLP on

On Tuesday, April 23, the Federal Trade Commission (FTC) issued a final rule designed to promote competition and new business formation that, when effective, will impose a nationwide ban on non-compete agreements across all...more

Dunlap Bennett & Ludwig PLLC

FTC Issues Rule Banning Employee Non-Compete Agreements

On April 23, 2024, the Federal Trade Commission (FTC) voted 3-2 in favor of issuing a final rule that will essentially ban employers’ use of non-compete agreements in the workplace. Although the FTC’s non-compete rule isn’t...more

Holland & Knight LLP

FTC Bans Non-Competes: Takeaways and Action Items for Healthcare Provider CEOs and Investors

Holland & Knight LLP on

The Federal Trade Commission (FTC) issued a new rule on April 23, 2024, banning new non-compete agreements in all employment contexts. The highly anticipated rule has been summarized by our Holland & Knight colleagues. (See...more

Hahn Loeser & Parks LLP

The Federal Trade Commission Issues Rule Banning Most Non-Competes

On April 23, 2024, the Federal Trade Commission voted 3-2 to issue a final rule that bans most worker noncompete agreements. See Fed. Trade Comm’n, Non-Compete Clause Rule, RIN2084-AB74 (Apr. 23, 2024). The final rule, which...more

McCarter & English, LLP

Yes, the FTC Did Just (Try to) Ban Non-Compete Agreements. For Now.

On Tuesday, April 23, 2024, the Federal Trade Commission (FTC) issued a final rule banning nearly all non-compete agreements effective 120 days from the rule’s formal publication. The move, or something like it, has been...more

Procopio, Cory, Hargreaves & Savitch LLP

FTC Seeks to Restrict Non-Compete Agreements

In a move that, if allowed to go into effect, could force companies across the United States to tear up existing contracts, the U.S. Federal Trade Commission (“FTC”) approved a Final Rule April 23, 2024, effectively barring...more

Cole Schotz

No More Non-Competes?

Cole Schotz on

On Tuesday, April 23rd, the Federal Trade Commission issued a rule banning all new and many existing employer and employee non-competition restrictions nationwide, subject to very limited exceptions (the “Rule”). The Rule...more

Stevens & Lee

The FTC’s Final Rule – A Sweeping Ban on Noncompetes

Stevens & Lee on

The Federal Trade Commission yesterday held an open meeting at which it voted to finalize and promulgate its long-anticipated rule that effectively bans noncompetes nationwide subject to only a few exceptions. The rule will...more

Wiley Rein LLP

Federal Trade Commission Issues Final Rule Banning Most Non-Competes: What You Should Know

Wiley Rein LLP on

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 of non-compete agreements with...more

Jackson Lewis P.C.

Federal Trade Commission’s Sweeping Final Rule to Ban Non-Competes: What You Need to Know

Jackson Lewis P.C. on

On April 23, 2024, the Federal Trade Commission (FTC) issued its final rule prohibiting all non-compete agreements for all employees at all levels, with only extremely limited exceptions. The FTC’s much-anticipated action...more

Levenfeld Pearlstein, LLC

Key Takeaways from the FTC’s Non-Compete Ban

Tuesday, April 23, 2024, the Federal Trade Commission (FTC) voted 3-2 to implement a new rule banning non-compete agreements for most U.S. workers. Specifically, the new rule prohibits employers from entering into or...more

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