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New FTC Rule Bans Noncompetition Covenants for Almost All Workers

May 2024
Employment Law Notes
On April 24, 2024, the Federal Trade Commission voted to finalize a rule that would ban most noncompetition covenants. The new final rule would 1) prohibit employers from entering new noncompete agreements with employees; and 2) prohibit employers from enforcing almost all existing noncompetition agreements between employers and employees. […]