In April of 2024, the FTC issued a final rule concerning non-compete agreements. Once effective, the rule will impose a comprehensive ban on new non-compete agreements with all workers and a ban on existing non-competes against most workers, with a limited exception for senior executives. The rule is set to go into effect on September 4, 2024, although at least four lawsuits have been filed to halt the FTC’s enforcement of this rule.
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