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Well, the FTC is one for two. So far. On July 3, 2024, a federal judge in the Northern District of Texas partially blocked the new FTC rule banning non-compete agreements from taking effect. In a 33-page decision, U.S. District Judge Ada Brown, appointed by former President Trump, conducted an exhaustive review of the background and purported powers of the FTC. The Court set forth in some detail the case law regarding the issuance of … [Read more...] about Federal Trade Commission Approves New Non-Compete Clause Rule
Federal Trade Commission
FTC Proposal to Ban Non-Compete Agreements Nation-Wide
In a seismic move, the Federal Trade Commission (FTC) sent shockwaves through the business community with its January 2023 announcement of a proposed rule that, if adopted, would dramatically reshape the landscape of non-compete agreements nationwide. The FTC proposal to ban non-compete agreements nationwide marks a significant departure from the current realm of restrictive covenants in most states, including New Jersey. According to the U.S. … [Read more...] about FTC Proposal to Ban Non-Compete Agreements Nation-Wide