FTC Final Rule Bans Most Noncompete Agreements

On April 23, 2024, the Federal Trade Commission (FTC) issued its long-awaited final rule, banning virtually all noncompetition agreements between employers and workers. Just as the ink dried, the first lawsuit (of several anticipated cases) challenging the final rule was filed, and now many employers are left to wonder what to do next. The final rule goes into effect 120 days after it is published in the Federal Register. The purpose of this Legal Alert is to 1) summarize the most important...
By: FordHarrison

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