The FTC Banned Noncompetes—What Does That Mean for Businesses and Employees?
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MAY 2, 2024
The only exception to this is for senior executives within a company or those earning more than $151,164 annually and who are in a policy-making position. Chamber of Commerce is seeking legal action against the ruling, stating that the FTC is exceeding their administrative authority. Why is the noncompete clause a problem?
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