FTC Announces Special Open Commission Meeting on Rule to Ban Noncompetes

Summary

The Federal Trade Commission (FTC) is enforcing federal laws to prevent anticompetitive, deceptive, and unfair business practices. The FTC is also working to advance government policies that protect consumers and promote competition. The main categories on the FTC website are Enforcement, Competition Matters, and Consumer Advice. Enforcement involves reporting antitrust violations, filing adjudicative documents, and finding banned debt collectors. Competition Matters provides policy statements, public comments, and guidance on business practices. Consumer Advice offers information on shopping, credit, and identity theft, as well as scams and unwanted calls. The FTC also provides resources for small businesses and entrepreneurs, including competition guidance and business blog updates.

Additionally, the FTC announced a special Open Commission Meeting on Tuesday, April 23, 2024, at 2 pm ET, where the Commission will vote on issuing a proposed final rule to ban noncompetes clauses, which prevent most employers from enforcing noncompete agreements against workers. The meeting will be available via webcast, and the public can also watch the recording on the FTC's website after the meeting.