On Wednesday, July 3, 2024, the federal district court judge in Texas issued her ruling on the FTC’s rule to ban non-competes. At issue before the court was the plaintiffs’ motion for a preliminary injunction, which would have placed the non-compete ban on... read more
Back in May 2024, the federal court judge assigned to the FTC’s non-compete ban case indicated that she would have a hearing on motion for a preliminary injunction by June 17. (I wrote about the FTC’s opposition to that motion here.) However, late last... read more
The Federal Trade Commission (FTC) issued its nationwide non-compete ban on April 23, 2024. The FTC later announced that the ban goes into effect on September 4, 2024. The very next day after the FTC announced the new rule, business groups filed their first lawsuit in... read more
With the Federal Trade Commission’s announcement of the ban on non-compete agreements two weeks ago, the big question remaining was when the ban would become effective. The FTC ban itself stated that it would go into effect 120 days from the date that the rule was... read more
The Federal Trade Commission (a U.S. government agency) met today and banned non-compete agreements nationwide. The rule goes into effect in 120 days. In the final rule language, executives making at least $151,000 a year can still be bound by an existing non-compete... read more
The Federal Trade Commission just announced that it will meet next week for the FTC to vote on the rule that would ban non-compete agreements across the country for any employees or independent contractors. Back in October, I discussed the proposed FTC rule, and just... read more