The FTC Just Banned Most Noncompete Agreements. Business Groups Vow To Sue.
The Federal Trade Commission voted Tuesday to adopt a new rule that would soon ban new arrangements that prohibit workers from switching jobs to competitors, but let existing noncompetes remain for certain senior executives. The U.S. Chamber of Commerce is threatening a court challenge.
The Federal Trade Commission voted Tuesday to adopt a new rule that would soon ban new arrangements that prohibit workers from switching jobs to competitors, but let existing noncompetes remain for certain senior executives. The U.S. Chamber of Commerce is threatening a court challenge.
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