Biden administration finalizes nationwide ban on noncompetes as Chamber of Commerce vows to fight ‘blatant power grab’

Fortune— “In parts of the economy that turn on human relations, this would be a huge sea change,” said one attorney.

Breitbart—FTC Bans Noncompete Agreements for Employers, Chamber of Commerce Sues to Block It. The Federal Trade Commission (FTC) has banned almost all noncompete employment agreements that prohibit workers from switching to competing businesses or starting one of their own.

Ars Technica—Chamber of Commerce sues FTC in Texas, asks court to block ban on noncompetes. Noncompete clauses "benefit employers and workers alike," Chamber tells court.

NBC News—Biden administration bans noncompete agreements, setting up legal showdown with business groups. The Biden administration has issued a nationwide ban on the ability of employers to make their workers sign noncompete agreements, a move regulators said would help boost employee pay but which is set to be challenged in court by business groups. In a ruling Tuesday afternoon, the Federal Trade Commission (FTC) said noncompete clauses would henceforth be illegal. The measure was necessary, it said, for "protecting the fundamental freedom of workers to change jobs, increasing innovation, and...