The Federal Trade Commission (FTC) effectively banned non-compete agreements nationwide, a rule set to take effect on September 4, 2024. Yet two federal courts have arrived at opposing conclusions as to whether the FTC has the authority to enact the ban, and one of the courts will only make a definitive ruling in late August, days before the rule is set to become law. What are businesses and employees to do? Employment attorneys and business counselors Amit Bindra and Katie Rinkus explain the FTC’s rule, the disagreement in the courts, and what businesses need to do now to ensure they are compliant if the rule takes effect. They also address what steps individuals might take to avoid the constraints of a non-compete.
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Read Amit’s recent post on the courts & the FTC ban
Read Amit’s 1st post on the FTC ban
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