Becker's Healthcare November 19, 2024
On Aug. 20, U.S. District Judge Ada Brown struck down the FTC’s ban on noncompete agreements, calling it “unreasonably overboard without a reasonable explanation.” The rule was scheduled to take effect Sept. 4.
On Oct. 18, the FTC appealed the Texas federal court’s decision. While the FTC still has the ability to address noncompetes through case-by-case enforcement actions, the incoming administration of President-elect Donald Trump could result in a different, more business-friendly regulatory environment than that of President Joe Biden.
Here are six other things to know about the uncertain future of the noncompete ban:
1. The FTC’s authority to identify and pursue anti-competitive activity remains “unchallenged and intact,” wrote attorneys from Jackson Lewis, an employment and labor-focused...
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