In April 2024, the Federal Trade Commission voted 3-2 to issue a final rule banning nearly all noncompete agreements in the United States. The rule, promulgated under the FTC Act, marks the next step in the FTC’s push for more aggressive enforcement of the antitrust laws. The rule is remarkably broad but contains many nuances, including exceptions for noncompetes related to legitimate business sales, senior executives, and more. The rule is slated to effect on September 4, 2024, but has been c
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