U.S. Federal Trade Commission
FTC Announces Rule Banning Non-Competes
Michael H. Strub, Jr. | April 25, 2024
The U.S. Federal Trade Commission’s recent decision to ban non-compete agreements marks a pivotal shift in employment regulations nationwide. This rule not only prohibits new agreements but also retroactively impacts existing ones. From its broad definition of “worker” to its exceptions and impending legal challenges, understanding the nuances of this rule is crucial for employers preparing for compliance. JMBM Partner Michael H. Strub, Jr. explains the implications of this landmark decision. FTC Announces Rule Banning Non-Competes by Michael H. Strub, Jr., JMBM’s Litigation Group Employers throughout the country should be aware t...