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What Employers Should Know About the Federal Trade Commission’s Plan to Outlaw Most Noncompetition Agreements

January 19, 2023 Business & Tax Blog

Earlier this month, and for the first time, The Federal Trade Commission (FTC) took legal action via Section 5 of the FTC Act, against two individuals and three companies, compelling them to drop noncompete provisions. Citing the policy statement on “unfair competition,” the FTC further announced a proposed rule to…