FEDERAL TRADE COMMISSION ISSUES RULE

BANNING NONCOMPETE AGREEMENTS *** For Immediate Release – April 24, 2024 *** The Federal Trade Commission (FTC) issued on April 23, 2024, its final rule (Rule) pursuant to which it bans noncompete agreements nationwide. This Rule will directly impact millions of businesses and as many as thirty million workers. The Rule generally does not apply to non-profit organizations.[1] Noncompete agreements are typically a part …