In June 2024, the Federal Trade Commission (FTC) implemented a rule banning noncompete agreements, which has significant implications for employers. Despite the ban, many small businesses believe they will not be affected. The rule's finality and the FTC's authority to enforce it are subjects of debate, with some experts questioning its legal standing and anticipating skepticism from the Supreme Court.
As @gushurwitz explains, the FTC's authority for its noncompete rule is far less certain than some claim — and not only because of likely skepticism from the current Sup. Court. A 🧵 briefly summarizing his arguments: https://t.co/zfxHlm6i7A
Periodically, I try to call attention to really important issues that fly under the popular radar. One of those is depicted in the below JPEG from the Federal Trade Commission's website. It’s about the FTC banning noncompetition agreements (i.e., “noncompetes”) in most… https://t.co/zS67k1pWua
FTC’s Final Rule Banning Non-Competes: What Is It and How “Final” Is It? https://t.co/QJVHcbct01
Key Takeaways | FTC's Final Noncompete Rule: What It Means and Next Steps for Employers [Video] https://t.co/83rGJAyILv #FTC #employmentlaw #employers #noncompetes @linakhanFTC https://t.co/YVFWhugjec
The FTC recently banned noncompetes, but most small businesses don't think they'll be affected. @sarahdlynch https://t.co/vqjPKTBHfm