The Federal Trade Commission (FTC) has implemented a new rule banning non-compete agreements, sparking legal pushback from the U.S. Chamber of Commerce. The rule is based on empirical evidence showing harm to workers, consumers, and innovation. A Texas federal judge stayed a lawsuit challenging the ban, citing a 'first to file' rule. The rule is set to be published on May 7, 2024, with an effective date of September 4, 2024. The ban could impact millions of workers nationwide and trigger increased trade secret and patent litigation.
FTC Final Rule Banning Non-Competes Faces Uncertainty https://t.co/DngRd4o9dn
A progressive watchdog group says a Texas federal judge should recuse himself from a lawsuit challenging the FTC's ban on noncompete agreements commonly signed by workers because he owns stock in tech companies that would benefit if the rule is struck down https://t.co/dIipGeB53h https://t.co/5D6ZYq0Yqv
Employment Law This Week Episode 345 - Spilling Secrets: FTC Nixes Non-Competes Nationwide—Now What? [Video, Podcast] https://t.co/D9amfBUSfB #employmentlaw #FTC #noncompeteban #competition @EpsteinBecker https://t.co/xomKos6EU8
The FTC’s noncompete clause rule goes too far, the Editorial Board writes. https://t.co/HEh0vSRT5I
[AUDIO] #WorkforceWednesday: FTC Nixes Non-Competes Nationwide—Now What? - Employment Law This Week® - Spilling Secrets Podcast https://t.co/ejh9D21k87 | by @ebglaw
When will this happen in the UK? USA Federal Trade Commission (FTC) bans noncompetes nationwide, “protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation” https://t.co/akZctfI0Ok
ICYMI. FTC Ruling Bans Noncompete Agreements ... For Now https://t.co/H7hWVe4XzD
The Ethics and Compliance Challenges of Noncompete Bans https://t.co/p9CekfVcSL
4 ways the ban on non-competes could impact your small business. @stevestrauss https://t.co/Tmc2f0P5ZH
The FTC’s new prohibition against employer noncompete agreements could trigger a surge in trade secret litigation and patent filings, as companies try to protect their IP against pilferage by departing employees. https://t.co/YWQktnQ4Fz
Federal Trade Commission EEOC Finalizes Rule for the Pregnant Workers Fairness Act Final Rule Banning Most Noncompetes https://t.co/qmB2Mctxj9 @FTC @womensemprights
From @WSJopinion: The Federal Trade Commission has issued a sweeping ban on noncompete agreements. This decree exceeds the FTC’s authority, undermines the rule of law, and poses a grave threat to the U.S. economy, writes G. Brint Ryan. https://t.co/WOpB17tbJS
30 Million workers nationwide could be impacted by a recent FTC decision on non-compete contracts. What N. Nevadans need to know. https://t.co/wWg6M1lRE7
A Texas federal court has paused the U.S. Chamber of Commerce's case challenging the Federal Trade Commission's pending ban on noncompetes and encouraged the group to join a case filed a day earlier by tax services and software company Ryan LLC. https://t.co/IhIzFnsYK9 https://t.co/ob2u3uimnI
Suzanne Clark, U.S. Chamber of Commerce CEO, discusses the lawsuit against the FTC for its ruling to ban noncompete clauses. https://t.co/XMfYaUzMAW https://t.co/VVRqpiNwvm
How FTC History Did Not Affect the FTC’s Approach to Non-Competes (but Should Have?): From the Nader Report to the Present https://t.co/PdDIXUf4Dk
Looking Past the Headlines, the Impact of the FTC’s Ban on Non-Competes in M&A, Private Equity and Venture Capital https://t.co/NrbE1unt2e
Judge Presses Pause On Second Case To Challenge FTC Non-Compete Ban https://t.co/ywytkkJkIm https://t.co/iV35BntN40
What an FTC decision voiding most non-compete contracts means to employees and employers. Details at 5 https://t.co/Vsj811Rb6o
A Closer Look at the FTC’s Final Non-Compete Rule https://t.co/ADpHx4kgdC #noncompete #employmentlaw #FTC #noncompeteban #competitionlaw @joneswalker https://t.co/ygtALVfjLB
FTC Non-Compete Ban Lawsuits Update: Eastern District of Texas Stays Chamber of Commerce Suit in Favor of Ryan LLC as First-to-File https://t.co/E5LrX0wqJw
A federal judge halted the Chamber of Commerce's lawsuit over the FTC's noncompete ban, allowing the Chamber to join a similar case filed earlier in a separate Texas court. https://t.co/jz3OEn2j1i
The FTC's rule banning #noncompetes is available online at https://t.co/Ap5kb4AtDU. It is scheduled for formal publication in the Federal Register tomorrow, May 7, 2024, which makes the expected effective date Sept. 4, 2024 /1 https://t.co/cElTFFt1hX
FTC Non-Compete Ban Lawsuits Update: Eastern District of Texas Stays Chamber of Commerce Suit in Favor of Ryan LLC as First-to-File https://t.co/IfvDir2T8F | by @seyfarthshawllp
EEOC Finalizes Long-Delayed Harassment Guidance https://t.co/PqLBAbkAPG #employmentlaw #EEOC #equalemployment #harassment #workplace @ArentFoxSchiff https://t.co/zGRkdJ3rHj
A Texas federal judge paused the Chamber of Commerce's legal challenge to FTC's noncompete ban. The judge said that under the ‘first to file’ rule, a nearly identical case that tax service firm Ryan filed against the FTC a day earlier should proceed first https://t.co/k07SpZtN2l https://t.co/bLu2XdaHIP
FTC Ruling Bans Noncompete Agreements ... For Now https://t.co/vbHvovWvZB
A Texas federal judge stayed a lawsuit by the US Chamber of Commerce and other business groups challenging the FTC’s near-total ban on employee noncompete agreements. Subscribe to The Daily Docket for more: https://t.co/7Mxw41TCOf https://t.co/nFeWGHal7Z
A Texas federal judge stayed a lawsuit by the U.S. Chamber of Commerce and other business groups challenging the Federal Trade Commission's near-total ban on employee noncompete agreements @DanWiessner https://t.co/k07SpZukRT https://t.co/IgTqQBnG0G
Federal Trade Commission EEOC Finalizes Rule for the Pregnant Workers Fairness Act Final Rule Banning Most Noncompetes https://t.co/qmB2Mctxj9 @proskauer @FTC @womensemprights https://t.co/9nrrnofnn2
South Florida businesses play waiting game with new FTC ban on ‘noncompete’ agreements https://t.co/pi48i1JqVV
The FTC’s Rule Banning Noncompetes: September 4 Effective Date and FTC-Sponsored Compliance Webinar https://t.co/TUuihtM3uc #FTC #Work #Noncompetes @josheidelson https://t.co/OY0dP20WPv
FTC Final Rule Banning Most Worker Noncompete Agreements https://t.co/ZzmIHfvwzH #FTC #Wok #Noncompete @msainat1 https://t.co/eQ5pYbldwc
The Federal Trade Commission is facing legal pushback from the U.S. Chamber of Commerce after the FTC voted last week to ban noncompete agreements beginning in August. https://t.co/xukMF12ylC
The @FTC rule banning non-competes is based on a mountain of empirical evidence showing that such restrictions harm workers, consumers, innovation, and employee mobility, writes @UChicagoLaw's Eric Posner. https://t.co/T6O7r9giKW
The @FTC's new rule banning non-competes has focused attention on the ways that employers deprive workers of freedom and opportunity, notes @UChicagoLaw's Eric Posner. https://t.co/T6O7r9giKW
Officials say the noncompete ban will protect workers and generate thousands of new businesses each year. #truckingnews https://t.co/A05DFTC8j8
The U.S. Chamber of Commerce is defending its ability to represent anonymous members in its Texas federal suit challenging the Federal Trade Commission's pending noncompete ban. https://t.co/E4w5aRJGI7 https://t.co/TO4qAREqEQ
FTC Final Rule Banning Most Worker Noncompete Agreements https://t.co/ZzmIHfvwzH #FTC #Wok #Noncompete @allenmatkins https://t.co/5xra9z0nfW
US judge pauses Chamber's legal challenge to FTC noncompete ban https://t.co/CSWXKGoWAf https://t.co/yXN6yUJ9aq
A Texas federal judge stayed a lawsuit by the US Chamber of Commerce and other business groups challenging the Federal Trade Commission's near-total ban on employee noncompete agreements https://t.co/k07SpZtN2l @DanWiessner https://t.co/VmnYx0phTb
The FTC’s Rule Banning Noncompetes: September 4 Effective Date and FTC-Sponsored Compliance Webinar https://t.co/TUuihtM3uc #FTC #Work #Noncompetes @ArentFoxSchiff https://t.co/VvFZi9DqmU
"The FTC’s non-compete ban - 5 Key Questions with Tim Fry, Partner at McGuireWoods LLP" Listen Here: https://t.co/53TwovFX3D #podcast #businessnews #noncompete #healthcare https://t.co/Gs4uZ6PEFQ
“You know, banning noncompetes doesn’t mean people are free to do whatever they want,” said SLS Professor Mark Lemley for @Marketplace in "How companies can protect trade secrets without noncompete clauses." https://t.co/LGcZKxqY5e
On May 14 at 11am ET, @FTC will offer a webinar on how to come into compliance with the rule banning noncompete clauses. The team will also answer questions submitted by the public beforehand. You can email your questions to [email protected] https://t.co/nYvg4KXlv4