FTC Issues Ban on Noncompete Agreements — but Experts Say Rule Will Face Legal Challenges
Todd Spangler NY Digital Editor The Federal Trade Commission on Tuesday issued a final rule banning noncompete clauses in employment contracts in the U.S. But experts in the field said the FTC‘s move will definitely be challenged in court. Under the FTC’s new rule, if it goes into effect, existing noncompete agreements for the “vast majority” of workers will no longer be enforceable.