The U.S. District Court of Northern Texas issued a final judgment in a case challenging the Federal Trade Commission’s (the “FTC”) new rule banning employment related non-compete clauses. The August 20, 2024, ruling was issued in a suit brought by the Chamber of Commerce of the United States of America, among other co-plaintiffs, against the […]
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On April 23, 2024, the Federal Trade Commission (the “FTC”) approved a new rule prohibiting employment related non-compete clauses. FTC Commissioners voted 3-2 along party lines to approve the new rule. The rule will be effective 120 days after publication in the Federal Register, and employees and employers should expect the rule to become effective […]
