On Tuesday, the FTC voted to ban all new noncompete clauses and render existing noncompetes unenforceable for most private sector workers.
In 2023, the Federal Trade Commission (FTC) took a strong position on noncompete clauses with a proposed rule that would outright ban employers from using them in employment contracts. After a lengthy period of soliciting and reviewing feedback—which yielded more than 26,000 public comments—the FTC finally voted in favor of its final rule today,...