New federal rule bans ‘noncompete’ agreements for most workers


by SiliconBeat

SiliconBeat— Noncompete agreements are banned in three states, including California, and some opponents of noncompetes argue that California's ban has been a key contributor to that state's innovative tech economy.

WCCB Charlotte—New Federal Rule Would Bar 'Noncompete' Agreements For Most Employees. U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court.

ABC7 San Francisco—New federal rule would bar 'noncompete' agreements for most employees. According to the FTC, 30 million people - roughly one in five workers - are now subject to such restrictions.

WBRZ—New federal rule would bar 'noncompete' agreements for most employees. WASHINGTON (AP) — U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court.The Federal Trade Commission voted Tuesday 3-2 to ban measures known as noncompete agreements, which bar workers from jumping to or starting competing companies for a prescribed period of time. According to the FTC, 30 million people — roughly one in five workers — are...