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The Current Status of Non-Compete Agreements

On April 23, 2024, the Federal Trade Commission (“FTC”) announced the Final Rule on non-compete agreements, which was to go into effect on September 4, 2024. In essence, the Rule was intended to discourage to a significant extent the use of non-compete agreements....

FTC Ban of Noncompete Clauses

The Federal Trade Commission (“FTC”) has issued a “final rule,” termed the Non-Compete Clause Rule, on April 23, 2024, effective 120 days after it is published in the Federal Register. The final rule will be codified at 16 C.F.R. §910. The final rule makes the...

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