The FTC Bans Non-Compete Agreements: The Key Points to Know

By Labor and Employment

On April 23, 2024, the Federal Trade Commission (FTC) issued its final Non-Compete Rule prohibiting the enforcement of non‑compete agreements for most workers in the United States.  In its Supplementary Information to the FTC Non-Compete Rule, the FTC “estimates that approximately one in five American workers—or approximately 30 million workers — is subject to a non-compete.”

This Rule therefore marks a significant change that will affect how employers compete for talent and retain employees.  Below are some key points that Employers should be aware of going forward:
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