The Federal Trade Commission’s proposed ban on non-compete agreements was set to take effect Sept. 4, however, a Texas district court stepped in and struck it down as unconstitutional. The implications of the case are now nationwide, as the judge also asserted the federal agency overstepped its authority. Courts Strike Down Non-Compete Ban In this…
The Federal Trade Commission’s proposed ban on non-compete agreements was set to take effect Sept. 4, however, a Texas district court stepped in and struck it down as unconstitutional. The implications of the case are now nationwide, as the judge also asserted the federal agency overstepped its authority. Courts Strike Down Non-Compete Agreements In this…
On April 23, the Federal Trade Commission voted 3-2 to issue a new rule prohibiting the use of noncompete agreements for most U.S. workers. It is estimated that approximately 30 million workers are currently bound by such agreements, which prevent them from changing employers in their industry. Background of the New Rule The FTC asserts…
