WebJan 10, 2024 · The Federal Trade Commission (FTC) proposed a new rule that, if made final, would (at least on its face) effectively prohibit non-compete agreements other than in very limited circumstances. This special report follows up on our initial alert. What Is in the Proposed Rule? The proposed rule, which would supersede all contrary state laws, is … WebJan 17, 2024 · IP Reporter. FTC proposes to ban most noncompete agreements. IP issues need to be worked out in rulemaking, attorneys say. The FTC’s proposal to ban noncompete agreements is triggering intellectual property attorneys’ concerns that it fails to include trade secret protection exceptions that President Joe Biden had pledged.
U.S. FTC Rulemaking to Prohibit Worker Noncompetes: What …
WebJun 13, 2024 · Although President Biden issued a vague Executive Order early in his administration that “encourage[d]” the FTC to “consider” exercising its statutory rulemaking authority “to curtail ... The Federal Trade Commission proposes preventing employers from entering into non-compete clauses with workers and requiring employers to rescind existing non-compete clauses. The Commission estimates that the proposed rule would increase American workers’ earnings between $250 billion and $296 billion per year. roost software
FTC Extends Public Comment Period on Its Proposed Rule …
WebApr 12, 2024 · The Federal Trade Commission (“FTC”) continues to pursue its campaign against non-compete clauses. On January 5, 2024, the FTC voted 3–1 to publish a notice of proposed rulemaking, which, if implemented, would bar employers from entering into non-compete agreements with their workers and require employers to rescind existing … WebJan 3, 2024 · FTC Reviews Non-Compete Agreements: An Update On The Future Of Restrictive Covenants Following The Biden Administration’s Proposed Curtailment and Safeguarding of Proprietary Information. Monday ... WebApr 13, 2024 · Enforcement. The FTC has issued a Notice that it has determined that certain acts or practices concerning substantiation of product claims are deceptive or unfair and violate the FTC Act. Notice of Penalty Offenses Concerning Substantiation of Product Claims (2024) Sample cover letter sent to recipients of this Notice. roost stoneware nesting bowls