FTC non-compete ban: What businesses need to know

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The Federal Trade Commission recently finalized a sweeping new rule that will prohibit employers from enforcing or entering into non-compete agreements with most workers starting September 4, 2024. The rule, which aims to promote competition and worker mobility, will have a significant impact on companies across all for-profit industries if it withstands legal challenges that have already been filed.

Under the new rule, employers will no longer be able to enter into, maintain or enforce non-compete…

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John M. Anderson and Connor Ciepluch

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