WebJan 9, 2024 · The proposed rule faces numerous and significant legal challenges before it is far from certain that it will ever become effective. On January 5, 2024, the FTC proposed a complete ban on non-compete clauses in employment contracts (the “Proposed Rule”), including the elimination of all existing non-competes. The Proposed Rule is premised … WebJan 12, 2024 · More specifically, the FTC’s new rule would make it illegal for an employer to: enter into or attempt to enter into a non-compete with a worker; maintain a non-compete with a worker; represent to a worker, under certain circumstances, that the worker is subject to a non-compete; The Proposed Rule would also require employers to rescind ...
The Drum Are Non-competes Dead? How The FTC Proposal …
WebJan 9, 2024 · The newly proposed FTC non-compete rule is broad. The FTC’s newly proposed rule prohibits employers from imposing non-compete clauses on workers with only one narrow exception. It is based on an initial finding that non-compete agreements constitute an unfair method of competition and therefore violate Section 5 of the FTC Act. WebJan 6, 2024 · The Federal Trade Commission (FTC) proposed a rule on Jan. 5, 2024, prohibiting non-competition clauses ("non-competes") in employment agreements. For … stealth imfdb
Federal Trade Commission
WebJan 6, 2024 · The Federal Trade Commission proposed a rule Thursday that would ban U.S. employers from imposing noncompete clauses on workers, a sweeping measure that could make it easier for people to switch jobs and deepen competition for labor across a wide range of industries. The proposed rule would prevent employers from imposing … WebJan 5, 2024 · The Federal Trade Commission on Thursday kicked off the process for regulating non-compete clauses in employment agreements, issuing a proposed rule that would largely ban the practice. Under the ... WebOn January 5, 2024, the Federal Trade Commission (FTC) proposed a ban on noncompete agreements and introduced a period to receive comments from the public … stealth immobiliser