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FTC Rule Banning Noncompete Agreements Set Aside Nationwide by Federal Court

Friday, August 30, 2024 9:00 AM | Anonymous member (Administrator)
  • The U.S. Federal Trade Commission (FTC) previously approved a final rule banning most non-compete agreements between employers and employees, that was set to take effect on September 4, 2024.
  • However, late in the day on August 20, Judge Ada E. Brown of the United States District Court for the Northern District of Texas, followed her July preliminary injunction against the Rule with a ruling that strikes down the Rule on a nationwide basis.
  • Although the FTC’s national ban has been struck down, individual state restrictions on noncompete agreements remain in effect.

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