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ARTICLE · 21 AUGUST 2024

FTC's Final Noncompete Rule Insights And Resources

McDermott Will & Emery
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On April 23, 2024, the Federal Trade Commission (FTC) voted to ban all employers from using noncompete clauses. Providing that employers' use of noncompete agreements amounts to an "unfair method of competition" that runs afoul of Section 5 of the FTC Act.

United StatesEmployment and HR
McDermott Will & Emery
McDermott Will & Emery
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On April 23, 2024, the Federal Trade Commission (FTC) voted to ban all employers from using noncompete clauses. Providing that employers' use of noncompete agreements amounts to an "unfair method of competition" that runs afoul of Section 5 of the FTC Act, the Final Rule bans all new noncompete agreements nationwide and renders existing noncompete agreements binding most workers unenforceable.

McDermott is closely tracking the Final Rule and related litigation as it proceeds. Explore our available insights and resources to stay up to date. For any questions, please contact your regular McDermott lawyer or one of the contacts in the resources below.

INSIGHTS

Pennsylvania Court Rejects Attempt to Block FTC Noncompete Ban: On July 23, 2024, 20 days after the Texas ruling, the US District Court for the Eastern District of Pennsylvania declined to stay the September 4, 2024, effective date for ATS Tree Services LLC.

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