FTC Announces Rule Banning Noncompetes

Today, the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamen

I haven't figured out the exact date, but it'll be effective 120 after publishing in the federal register.

4 comments

My personal highlight:

The Commission also finds that instead of using noncompetes to lock in workers, employers that wish to retain employees can compete on the merits for the worker’s labor services by improving wages and working conditions.
- That's ridiculous!
- Can't wait to hear all my republican relatives be pissed off about this.
Don’t give me hope