FTC Announces Rule Banning Noncompetes - Federal Trade Commission
WEBApr 23, 2024 · Today, the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation.
Non-Compete Clause Rulemaking - Federal Trade Commission
WEBJan 5, 2022 · The Federal Trade Commission proposes preventing employers from entering into non-compete clauses with workers and requiring employers to rescind existing non-compete clauses. The Commission estimates that the proposed rule would increase American workers’ earnings between $250 billion and $296 billion per year.
WEBFact Sheet on the FTC’s Noncompete Rulemaking. On April 23, 2024, the FTC voted to finalize a new rule to prohibit employers from enforcing noncompetes against workers. The Commission determined that noncompetes are an unfair method of competition and therefore violate Section 5 of the Federal Trade Commission Act (“FTC Act”).
U.S. Federal Trade Commission Bans Employee Noncompete Agreements…
WEBThe United States Federal Trade Commission (FTC) announced a rule banning noncompete agreements on April 23, 2024. This action followed the FTC’s January 2023 proposed rule and its review of over 26,000 public comments.
FTC bans employers from using noncompete clauses - CNN
WEBApr 23, 2024 · The Federal Trade Commission on Tuesday voted to ban for-profit US employers from making employees sign agreements with noncompete clauses. Such a ban could affect tens of millions of...
Federal Trade Commission: Non-Compete Clause Rule | U.S. GAO
WEBJun 10, 2024 · GAO found that the final rule provides that it is an unfair method of competition for persons to, among other things, enter into non-compete clauses (non-competes) with workers on or after the rule's effective date.
FTC Bans Worker Noncompete Clauses - The New York Times
WEBApr 23, 2024 · The Federal Trade Commission on Tuesday said employers could no longer, in most cases, stop their employees from going to work for rival companies.
Federal judge tosses U.S. ban on noncompetes : NPR
WEBAug 21, 2024 · A federal judge in Texas has struck down the government's ban on noncompetes. An estimated 30 million U.S. workers are subject to the employment agreements.
Employee non-compete agreements barred by US regulator - Financial Times
WEBApr 23, 2024 · The US Federal Trade Commission has voted to ban non-compete agreements, taking aim at contracts that limit employees’ freedom to quit for a new job at a different employer.
Non-Compete Clause Rule - Federal Register
WEBMay 7, 2024 · Congress again confirmed the Commission's authority to promulgate rules regulating unfair methods of competition under section 6(g) when it enacted section 22 of the FTC Act as part of the Federal Trade Commission Improvements Act of 1980.
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