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Since that time, the FTC has received tens of thousands of comments, with the FTC claiming that 25,000 of the 26,000 comments received supported a ban on noncompetes. [read post]
25 Apr 2024, 10:16 am by Salvatore Gangemi of Murtha Cullina LLP
Until now, the FTC never officially declared that such clauses constituted an “unfair method of competition. [read post]
25 Apr 2024, 9:55 am by Rachel Konieczny
The post MD employment law practitioners, organizations mixed on FTC noncompete ban appeared first on Maryland Daily Record. [read post]
We recently reported on the Federal Trade Commission’s (FTC) 3-2 vote to issue its final noncompete rule that, unless it is enjoined, would ban all new noncompetes and a majority of existing noncompetes (the Noncompete Rule). [read post]
25 Apr 2024, 7:19 am by Mark S. Goldstein and Mariah McGrogan
” The FTC further opines that, while merely claiming tax-exempt status in tax filings is not dispositive, if the IRS concludes that an entity does not qualify for tax-exempt status, such a finding would be meaningful to the FTC’s analysis of whether that entity is a corporation under the FTC Act. [read post]
25 Apr 2024, 6:38 am by Mark Hipple and Robert McAvoy
On April 23, 2024, the Federal Trade Commission (“FTC”) issued a Final Rule (the “Rule”) prohibiting the use of non-compete restrictive covenants (with a limited exception) throughout the United States as an unfair method of competition under the FTC Act. [read post]
25 Apr 2024, 6:05 am by Above the Law
[LegalCheek] * Chamber of Commerce sues over FTC's ban on non-compete agreements because why should there be a "free" market? [read post]
25 Apr 2024, 6:00 am by Jonathan I. Nirenberg
New Rule Will Ban Most Non-Compete Provisions The Federal Trade Commission (“FTC”) has issued a new Rule that soon will ban virtually all non-compete agreements in the United States. [read post]
25 Apr 2024, 6:00 am by Gabriel Celii, Esq.
The decision comes fifteen months after the FTC released its proposed rule in January 2023. [read post]
25 Apr 2024, 6:00 am by Ryan A. Glasgow, Jason P. Brown
The Federal Trade Commission (FTC) voted on April 23 to approve a final rule banning most non-compete agreements between employers and their workers (Final Rule). [read post]
25 Apr 2024, 4:30 am by Eric B. Meyer
My Pierson Ferdinand employment law partners, Ben Jacobs and Amy Epstein Gluck, will join me to discuss the FTC’s plan to ban most employee noncompetes, explore the Department of Labor’s proposed increase to the salary level for overtime exemptions, and answer your questions, which you can submit in advance here. [read post]
The US Federal Trade Commission (FTC) announced a rule Tuesday banning employers from using non-compete clauses in worker’s employment contracts. [read post]
24 Apr 2024, 10:02 pm by Liz Dunshee
[It] marks the first time in over 50 years that FTC officials have issued a regulation to mandate an economywide change in how companies compete. [read post]
24 Apr 2024, 9:01 pm by renholding
  The FTC previously published the proposed ban in January 2023, drawing thousands of public comments. [read post]
24 Apr 2024, 5:59 pm by John Gotaskie
But, whether or not the Final FTC Rule sticks, a lot of analysis will still need to be done. [read post]
24 Apr 2024, 3:28 pm by Unknown
The FTC "has determined that it is an unfair method of competition, and therefore a violation of Section 5 of the FTC Act, for employers to enter into noncompetes with workers and to enforce certain noncompetes. [read post]