PUBLICATIONS

FTC Noncompete Ban: What You Need to Know

Date   Jul 25, 2024

The Federal Trade Commission's new rule, effective September 4, 2024, bans most non-compete agreements, requiring employers to notify affected employees that such agreements are unenforceable. Employers must prepare by issuing these notices, assessing their contracts, and reviewing state laws. Despite legal challenges, no nationwide injunction has been issued, so businesses need to comply with the rule or risk FTC enforcement and potential penalties. To read the full article, click here