FTC votes to ban 'noncompete' agreements for most employees
by KGUN
KGUN— The Federal Trade Commission voted to ban measures known as noncompete agreements, which bar workers from jumping to or starting competing companies for a prescribed period of time.
WKBN.com—FTC votes to ban noncompete agreements. The Federal Trade Commission (FTC) voted 3-2 Tuesday to ban noncompete agreements that prevent tens of millions of employees from working for competitors or starting a competing business after they leave a job.
Fox Business—FTC votes to ban noncompete agreements. The Federal Trade Commission (FTC) on Tuesday approved a regulation that would ban noncompete agreements nationwide on the grounds that they unfairly limit workers' mobility and lead to lower pay. The FTC, which currently has a Democratic majority under President Joe Biden, voted 3-2 to approve the final noncompete rule. The agency first proposed the ban on noncompete agreements in January 2023, arguing they unfairly limit competition. Noncompete agreements generally prohibit an employee from...
CNBC—FTC votes to ban noncompete clauses that bar employees from working for competitors. The Federal Trade Commission voted to enact a nationwide ban against noncompete agreements. Noncompete agreements are provisions of employee...