L-R:Timothy M. Brinks, Hunter Schoen, Matthew R. Jackson and Evan Gaudet of Adams and Reese. Courtesy photos. FTC Issues Rule to Ban Noncompetes: What Do Employers Need to Know?
"In light of the rule, employers should consider taking other measures to protect their business interests," write Timothy M. Brinks, Hunter Schoen, Matthew R. Jackson and Evan Gaudet of Adams and Reese.
April 29, 2024 at 10:00 AM
6 minute read
The Federal Trade Commission (FTC) issued the Noncompete Clause Rule on Tuesday, calling for a comprehensive ban on noncompete agreements nationwide. The FTC concluded that noncompetes are an "unfair method of competition and therefore a violation of Section 5 of the Federal Trade Commission Act."
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