Tue Sep 10 21:12:43 EDT 2024
Home#ForeclosurepediaNationThe FTC Takes a Bite Out of Non-Compete Agreements: A New Era...

The FTC Takes a Bite Out of Non-Compete Agreements: A New Era for Worker Mobility?

Vicarious Liability May Apply to Prime Vendors Under the Respondeat Superior Doctrine

On April 23, 2024, the Federal Trade Commission (FTC) sent shockwaves through the American workplace by issuing a final rule banning non-compete agreements for most employees and independent contractors. This landmark decision, hailed by worker advocates and criticized by some businesses, promises to reshape worker mobility and competition within the U.S. economy.

Why the Ban? The FTC's Argument

The FTC argues that non-compete agreements . . .

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