Fact Sheet on FTC’s Proposed Final Noncompete Rule

News Competition English Guidance

Date: 23rd Apr, 2024 Source: Federal Trade Commission Country: USA Original Source

Brief

Summary:

The Federal Trade Commission (FTC) has proposed a final rule that bans new non-compete agreements with all workers, including senior executives, after the effective date. Existing non-competes with workers other than senior executives will not be enforceable after the effective date. The final rule defines "senior executives"" as workers earning more than $151

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Fact Sheet on FTC’s Proposed Final Noncompete Rule

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Fact Sheet on FTC’s Proposed Final Noncompete Rule

Brief

Federal Trade Commission

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