FTC Moves to Ban Non-Compete Agreements

Businesses have used non-compete agreements, with varying degrees of success, for years, but the end may be near for these contracts. On Jan. 5, 2023, the U.S. Federal Trade Commission proposed a regulation that would prohibit the use of most non-compete agreements.

Arguing that they interfere with the proper functioning of labor markets, suppress wages and reduce productivity, the FTC proposed a set of rules that would: FTC Moves to Ban Non-Compete Agreements

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