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FTC To Vote On Noncompete Ban
The Federal Trade Commission is set to vote Tuesday afternoon on a proposal to ban noncompete agreements, which prevent workers from taking positions at competitors for a period of time after they leave a job. From a report: The ban could be a win for workers -- particularly at the low end of the in...
The Federal Trade Commission is set to vote Tuesday afternoon on a proposal to ban noncompete agreements, which prevent workers from taking positions at competitors for a period of time after they leave a job. Some states have laws limiting noncompetes to higher-income folks or banning them altogether -- but most don't. Experts told Axios that the final rule will likely look similar to the draft proposal, which was a broad prohibition on all noncompetes, even for executives.
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