FTC (Fascists Take Control) – Noncompete Overreach
On April 23, 2024, the Federal Trade Commission (“FTC”) issued a final rule (the “Rule”) banning noncompete clauses between workers and employers, deeming them “unfair method[s] of competition” under Section 5 of the FTC Act. The Rule was passed by a 3-2 vote split along party lines. The Rule comes [...]