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FTC
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FTC Non-Compete Ban is Blocked, Will Not Go into Effect
Much to the relief of many employers, a Texas court entered an order blocking the Federal Trade Commission’s (FTC) non-compete ban on a nationwide basis. On August 20, the court blocked the non-compete ban from going into effect on September 4. The judge concluded that the FTC lacks the authority to promulgate the non-compete rule......
Non-compete Agreements to be Banned, Limited Exceptions
In late April, the Federal Trade Commission (“FTC”) issued a controversial new rule that bans all non-compete clauses for every worker nationwide across all industries – with very limited exceptions. The rule, if not stopped by a lawsuit, will take effect on or about September 1, 2024. After the effective date, employers also have...
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