Bfd: The Ftc Just Banned Non-compete Clauses

The Federal Trade Commission voted yesterday to adopt a historic and far-reaching ban on noncompete agreements, which are common now in almost all job markets. Thanks, Lina Khan! Via HuffPost: The agency has said that the agreements, in which workers are forbidden from seeking a job with a competing business for a certain period of time, lead to an “unfair method of competition” and violate federal law.

Topics:  federal trade commission   lina   khan   huffpost    noncompetes    the ftc   eugene scalia   workers   job   ban   agreements   billion   business   years   agency   wages   competing   
BING NEWS:
  • The FTC's non-compete ruling
    The FTC came down hard this week on the issue of employer-mandated non-compete agreements for employees. And, in mere days, lawsuits are being filed to prevent the enforcement of these pro-employee ...
    04/28/2024 - 11:12 pm | View Link
  • FTC's non-compete ban likely to face SCOTUS challenge, say lawyers
    FTC chair Lina Khan said: “Non-compete clauses keep wages low, suppress new ideas, and rob the American economy of dynamism, including from the more than 8,500 new startups that would be created a ...
    04/24/2024 - 1:47 am | View Link
  • The FTC just banned noncompete agreements in a sweeping new rule
    Non-compete clauses are a thing of the past thanks to a new ruling from the Federal Trade Commission (FTC). The FTC issued a rule to ban non-compete clauses for employees, according to a release from ...
    04/24/2024 - 12:32 am | View Link
  • BFD: The FTC Just Banned Non-Compete Clauses
    FTC banned new non-compete clauses for all workers and rendered unenforceable all existing non-competes for workers below the level of senior executives! Incredibly important and directly good for ...
    04/24/2024 - 12:30 am | View Link
  • FTC Bans Non-Compete Clauses for All Companies Nationwide
    Non-compete clauses are a thing of the past thanks to a new ruling from the Federal Trade Commission (FTC). The FTC issued a rule to ban non-compete clauses for employees, according to a release from ...
    04/23/2024 - 2:16 pm | View Link
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