Employment Update: FTC Bans Non-Compete Provisions
Background The Federal Trade Commission approved the Final Non-Compete Clause Rule (“Final Rule”) on April 23, 2024. The Final Rule’s effective date is 120 days after publication in the Federal Register. This rule will ban non-compete provisions for most employees, except for the following: (i) “Senior Executives” who have existing non-compete provisions in place prior […]
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