In April 2024, the Federal Trade Commission voted to adopt a new rule that limits noncompete clauses/agreements (the rule). The rule is slated to go into effect on Sept. 4, 2024.
Strategies and Legal Challenges Following FTC's Noncompete Rule
The FTC's new rule that limits noncompete clauses/agreements is slated to go into effect on Sept. 4, 2024. This article summarizes the rule, some pending challenges to the rule, and strategies that businesses should consider implementing today to protect their interests.
By
Adam Powell and Daniel Hughes
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