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The FTC’s New Rule on Noncompete Agreements

Overview of the FTC’s New Rule on Noncompete Agreements In a groundbreaking move on April 23, 2024, the Federal Trade Commission (FTC) voted 3-2 to institute a comprehensive ban on noncompete agreements under Section 5 of the FTC Act, the Non-Compete Clause Rule (the “Rule”).  Section 5 aims to eliminate unfair methods of competition, but […]