FTC Adopts Final Rule Prohibiting Non-Competes
On April 23, 2024, the U.S. Federal Trade Commission (FTC) voted 3-2 (along party lines) to adopt a final rule (Final Rule) that prohibits the imposition of non-compete agreements in the employment context, with very limited exceptions, stating that such agreements are an “unfair method of competition.” The Final Rule is substantially the same as […]
