On July 3, 2024, the U.S. District Court for the Northern District of Texas granted a preliminary injunction staying enforcement of the Federal Trade Commission’s (FTC) final rule prohibiting noncompetition employment agreements. The injunction is limited to the parties in that case, but it likely signals the FTC rule will
Articles Discussing Restrictive Covenants In The Workplace And Other Topics Relating To Unfair Competition.
FTC Noncompete Ban Update – Texas Federal Court Enters Limited-Scope Injunction
First Test of FTC’s Non-Compete Ban Will Be Without Oral Argument
By: First Test of FTC’s Non-Compete Ban Will Be Without Oral Argument
By: First Test of FTC’s Non-Compete Ban Will Be Without Oral Argument
The Federal Trade Commission promulgated regulations that stand to ban non-compete agreements in employment relationships nationwide. These regulations are scheduled to become effective on September 4, 2024.
FTC’s Non-Compete Rule May Also Ban “Functional Non-Compete” Agreements – What are “Functional Non-Competes”?
The FTC Issues Final Rule Banning Non-Compete Agreements
FTC’s Ban on Non-Compete Agreements: Definitions, Prohibitions, Requirements, and Employer Considerations
On May 7, 2024, the Federal Trade Commission (FTC) published a final rule that effectively bans all non-compete agreements between employers and “workers” as “unfair method[s] of competition” and requires employers to refrain from enforcing most existing non-compete agreements.
FTC Issues Final Rule Banning Non-Compete Agreements
What is Happening?
On April 24, 2024, the Federal Trade Commission (“FTC”) voted to adopt a final rule (available here) that, if it goes into effect, will ban nearly all non-compete agreements as “unfair methods of competition.” It would also ban any contractual term or workplace policy that would
A Closer Look at the FTC’s Final Non-Compete Rule
On April 23, 2024, the Federal Trade Commission (FTC) issued its Final Non-Compete Agreement Rule (Final Rule), banning non-compete agreements between employers and their workers.
FTC Joins California in Banning Noncompetes
On April 23, 2024, the Federal Trade Commission (“FTC”) announced a final rule banning noncompete agreements nationwide. Of course, most California employers already think of noncompetes as things of the past (see our previous posts about California’s recent legislation here and here). Still, this new rule is important, particularly for multi-state employers.
“FTC Votes to Ban Noncompete Agreements,” Jones Walker LLP Banking & Financial Services Newsletter
The Federal Trade Commission voted 3-2 today to ban noncompete agreements between employers and employees. A full analysis of the final rule will be forthcoming, but key takeaways are:
Federal Trade Commission’s Sweeping Final Rule to Ban Non-Competes: What You Need to Know
On April 23, 2024, the Federal Trade Commission (FTC) issued its final rule prohibiting all non-compete agreements for all employees at all levels, with only extremely limited exceptions. The FTC’s much-anticipated action follows its January 2023 proposed rule and its review of over 26,000 public comments. Though approved 3-2 along
FTC Makes Good on Threat to Ban Most Non-Competes
FTC Passes Final Rule Purporting to Invalidate Non-Compete Agreements and Lawsuit Immediately Ensues: Specific Implications for Healthcare Employers
FTC Final Rule Bans Most Noncompete Agreements
Executive Summary: 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 aspects of the final rule and 2) provide guidance to employers on how to navigate their existing agreements during this uncertain time.
FTC Imposes Sweeping Ban on Non-Compete Agreements In Employment
By: FTC Imposes Sweeping Ban on Non-Compete Agreements In Employment
Yesterday, the Federal Trade Commission’s (“FTC”) Commissioners’ voted 3-2 to approve rules first announced in January 2023 to, essentially, ban the use of non-compete agreements in most employment relationships in the United States (“Rule”). The new Rule precludes enforcement of non-competes