U.S. Bans Non-Compete Agreements, Sparks Lawsuit Over Landmark Change To Employee Rights
Allwork
APRIL 24, 2024
According to a report published by The Financial Times , the regulator’s commissioners voted 3-2 on Tuesday in favor of the ban. The prohibition is an update to labor regulations seeking to improve fair competition and employee rights/protections. The FTC initially announced that it was seeking to ban noncompete clauses in January 2023.
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