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Federal Trade Commission (FTC) Federal Register Restrictive Covenants

Winstead PC

The FTC’s Noncompete Ban is Published…What Now?

Winstead PC on

On April 24, 2024, Winstead’s Labor & Employment team reported that—after much anticipation— the FTC issued its final rule banning noncompete agreements nationwide. In our initial post, we noted that the final rule had yet to...more

Balch & Bingham LLP

Federal Trade Commission Votes To Ban Non-Compete Clauses, Immediately Sued

Balch & Bingham LLP on

On April 23, the Federal Trade Commission voted 3-2 to publish its new rule, 29 C.F.R. Part 910, banning almost all non-compete clauses with workers. The rule will take effect 120 days after formal publication in the Federal...more

Rivkin Radler LLP

FTC Issues New Rule to Abolish Non-Compete Agreements UPDATED April 2024

Rivkin Radler LLP on

On Tuesday, April 23, the Federal Trade Commission (FTC) issued a final rule designed to promote competition and new business formation that, when effective, will impose a nationwide ban on non-compete agreements across all...more

Dunlap Bennett & Ludwig PLLC

FTC Issues Rule Banning Employee Non-Compete Agreements

On April 23, 2024, the Federal Trade Commission (FTC) voted 3-2 in favor of issuing a final rule that will essentially ban employers’ use of non-compete agreements in the workplace. Although the FTC’s non-compete rule isn’t...more

Cozen O'Connor

FTC Issues Final Rule Banning Employee Noncompete Agreements

Cozen O'Connor on

This issue was first discussed in our January 9, 2023 Client Alert when the Federal Trade Commission (FTC) issued its Proposed Rule Banning Noncompetes. The FTC has now issued its Final Rule on April 23, 2024. As predicted,...more

Procopio, Cory, Hargreaves & Savitch LLP

FTC Seeks to Restrict Non-Compete Agreements

In a move that, if allowed to go into effect, could force companies across the United States to tear up existing contracts, the U.S. Federal Trade Commission (“FTC”) approved a Final Rule April 23, 2024, effectively barring...more

Cole Schotz

No More Non-Competes?

Cole Schotz on

On Tuesday, April 23rd, the Federal Trade Commission issued a rule banning all new and many existing employer and employee non-competition restrictions nationwide, subject to very limited exceptions (the “Rule”). The Rule...more

Constangy, Brooks, Smith & Prophete, LLP

FTC votes to ban most employment-related noncompetes

Yesterday, the Federal Trade Commission voted 3-2 to issue a Final Rule banning virtually all noncompetition agreements between employers and employees. Employers may enforce pre-existing noncompetes with “senior executives”...more

Davies Ward Phillips & Vineberg LLP

Federal Trade Commission Proposes Rule to Ban Non-Compete Clauses

The United States Federal Trade Commission (FTC) recently issued a proposed rule that, if adopted, would broadly prohibit employers from entering into post-employment non-compete agreements with workers, and would also...more

McGlinchey Stafford

FTC Proposes Rule Prohibiting Employer Non-Compete Agreements

McGlinchey Stafford on

On January 5, 2023, the Federal Trade Commission (FTC) followed up on President Biden’s July 9, 2021 Executive Order requesting a broad ban on employer non-compete agreements. The proposed rule, based on the proposition that...more

Warner Norcross + Judd

FTC Issues Notice of Proposed Rulemaking to Prohibit Noncompete Clauses

On January 5, 2023, the Federal Trade Commission proposed a new rule that, if enacted, would ban employers from entering into noncompetition agreements with new employees and would require employers to rescind existing...more

Morrison & Foerster LLP

FTC Proposes Sweeping Ban of Employee Non-Competes

On January 5, 2023, the Federal Trade Commission (FTC) issued a proposed rule broadly seeking to ban non-compete agreements with nearly all U.S. workers, with only limited exceptions. The proposed rule would: •make it...more

Constangy, Brooks, Smith & Prophete, LLP

BREAKING: FTC proposes to outlaw nearly all covenants not to compete in employment context

The new year is off to a roaring start in the field of employment law, with a massive—and unexpected—possible change to the law of restrictive covenants, thanks to a newly proposed federal regulation. Today, the U.S....more

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