BREAKING NEWS: The FTC Bans Employee Noncompete Agreements
On April 23, 2023, the Federal Trade Commission (FTC) announced a final rule banning noncompete agreements under sections 5 and 6(g) of the FTC Act. The ban applies to noncompetes in the employment context and does not necessarily apply to business-to-business noncompete agreements. This banning of non-compete agreements has left many employers wondering what this