The Federal Trade Commission finalized a rule banning noncompete agreements Tuesday — but that does not mean businesses and managers need to race to toss out their existing employment agreements. That's because the final rule, slated to go into effect in 120 days, will be met with legal challenges that will take time to play out.
Businesses Face 'seismic Shift' After Ftc Bans Noncompetes. Here's What They Should Do Next.
Andy Medici, Biz Journals
Wed, 04/24/2024 - 5:42am
BING NEWS:
- Judge denies FTC's preliminary bid to block Novant, CHS' $320M hospital deal
Novant Health and Community Health Systems (CHS) will be permitted to consummate their contested $320 million hospital deal, though the pair still face some regulatory uncertainty following the dea | ...
06/5/2024 - 9:04 am | View Link - The FTC Bans Non-Compete Agreements – What You Need to Know
On its face, the Final Rule does not ban non-solicitation ... In the publication of the Proposed Rule, the FTC cited the existing state law bans on non-compete agreements as “natural experiments” of ...
05/30/2024 - 1:00 pm | View Link - More
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