Tag:noncompetes
The FTC’s Noncompete Ban; Will It Survive the Trump Administration?
On April 23rd, 2024, the Federal Trade Commission (FTC) announced a rule banning the use of noncompetes. The rule faced significant opposition and was blocked by a Texas federal court. The FTC under its current chair, Lina Khan, is fighting the ruling. However, President-Elect Donald Trump will likely effectively put an end to the FTC’s noncompete ban because of his own use of restrictive non-disclosure agreements (NDAs) that act as noncompetes and the stances of some of his megadonors.