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For example, it considers as an alternative banning non-compete clauses except for senior executives, employees earning more than $100,000 annually (or independent contractors earning more than ...
In January 2023, the Federal Trade Commission (FTC) issued a proposed rule that would ban most noncompete agreements throughout the United States. After receiving more than 26,000 public comments ...
On April 23, 2024, the Federal Trade Commission (FTC) voted 3-to-2 to issue a final rule that will ban most employer-employee non-compete agreements if it survives legal challenges from the U.S ...
The FTC’s supplementary information regarding the proposed rule specifically states that the non-compete ban “would apply only to post-employment restraints” but not to “concurrent ...
The comments accompanying the new FTC rule on non-compete agreements emphasize that employers still have rights to trade secrets and NDAs. REVIEW YOUR AGREEMENTS First, review your agreements.
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