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The FTC’s Final Rule Banning Post-Employment Non-Competes

Posted on AllSides May 17th, 2024
From The Center

On April 23, 2024, the FTC announced the issuance of a final rule banning employers from entering into, enforcing, or attempting to enforce post-employment non-compete clauses with workers, subject to limited exceptions, and invalidating all existing non-competes with a narrow exception for certain senior executives (FTC: Non-Compete Clause Rule (Final Rule)). If and when it becomes effective, the FTC’s rule would create a new subchapter J, Part 910 of the rules promulgated under Section 5 of the Federal Trade Commission Act (FTC Act) (16 C.F.R. §§ 910.1 to 910.6). The...

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https://reuters.com/practical-law-the-journal/transactional/ftcs-final-rule-banning-post-employment-non-competes-2024-05-17

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