New Ftc Rule Bans ‘noncompete’ Agreements For Most Employees

CHRISTOPHER RUGABER / AP, Time: Business
Tue, 04/23/2024 - 1:11pm

(WASHINGTON, D.C.) — U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court. The Federal Trade Commission voted Tuesday 3-2 to ban measures known as noncompete agreements, which bar workers from jumping to or starting competing companies for a prescribed period of time.

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New Ftc Rule Bans ‘noncompete’ Agreements For Most Employees

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