Non-Compete Agreement Tag

On April 23, 2024, the Federal Trade Commission (FTC) announced a new rule that essentially bans do not compete clauses. The FTC banning non competes means that companies will no longer be able to use non-compete clauses to stop workers from quitting and getting new...

The Federal Trade Commission proposed a new rule that would ban non-compete clauses and employers from imposing non-competes on their workers, a widespread and often exploitative practice that suppresses wages, hampers innovation, and blocks entrepreneurs from starting new businesses. By stopping this practice, the agency estimates...