What the FTC’s Proposed Ban on Non-compete Clauses Means for You
Ronald Allan Desiderio2024-06-25T02:34:53-04:00By: Editorial Staff, Date: May 28th, 2024 Non-compete clauses have long been a controversial topic. While intended to protect a company's trade secrets and competitive advantage, they have also faced criticism for limiting job opportunities for employees. Recently, the Federal Trade Commission (FTC) adopted a final rule banning the use of non-compete clauses in employment contracts, aiming to reshape the way companies approach employee agreements. Given these changes, both employers and employees must understand the implications of the FTC's ban on non-compete clauses. Explore the practical effects of the FTC's proposed ban on such clauses and how it [...]