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The FTC rule would have meant that anyone applying for a new job could not be forced to sign a noncompete. For workers with existing agreements, noncompetes would no longer be enforceable.
Data from 2018 indicates that non-compete clauses cover 18 percent of American labor force participants. [2] A 2023 petition to the FTC to ban non-compete agreements estimated that about 30 million workers (about 20% of all U.S. workers) were subject to a noncompete clause. [3]
The Federal Trade Commission on Tuesday voted to ban for-profit US employers from making employees sign agreements with noncompete clauses. Such a ban could affect tens of millions of workers.
The U.S. Federal Trade Commission has proposed a rule that would ban companies from entering or attempting to enter a non-compete agreement with a worker. The rule banning non-compete clauses in...
On April 23, the Federal Trade Commission (FTC) implemented a ban on noncompete clauses for most U.S. workers. The ban, which is likely to face legal challenges, prevents employers from putting ...
“The FTC’s final rule to ban noncompetes will ensure Americans have the freedom to pursue a new job, start a new business, or bring a new idea to market.” The FTC estimates nearly one in ...
On April 23, 2024, the Federal Trade Commission (FTC) issued a ban on nearly all non-compete agreements. [39] [40] The rule was published on the Federal Register on May 7 and was to go into effect on September 4, 2024. [41]
A federal judge in Texas on Tuesday barred a US Federal Trade Commission rule from taking effect that would ban employers from requiring their workers to sign non-compete agreements.