Lanie Bennett Posts Blog on Federal Trade Commission’s Final Rule to Ban Non-Competes

The blog post by Lanie Bennett—entitled FTC Publishes Final Rule Attempting to Outlaw Most Noncompetition Agreements with Employees —addresses the FTC’s ruling on April 23, 2024, which bans nationwide employee noncompetition agreements. The ruling will take effect 120 days after its publication in the Federal Register, impacting both existing and future agreements. While the rule specifically targets noncompetition agreements, it may also affect other types under certain conditions. Legal challenges are anticipated.