25/04/2024
The FTC has issued a groundbreaking final rule banning noncompete clauses nationwide, aiming to boost worker mobility, innovation, and entrepreneurship. This historic move is expected to liberate millions of workers from restrictive agreements, enabling them to pursue better opportunities without fear of legal repercussions. With projected increases in new business formation, worker earnings, and technological advancement, the rule marks a significant step towards fostering a more dynamic and equitable labor market.
On Tuesday, the Federal Trade Commission (FTC) issued a landmark final rule that bans noncompete clauses nationwide, heralding a major shift in labor and competitive practices across the United States. This move aims to enhance worker mobility, stimulate innovation, and encourage the formation of ne...