The Federal Trade Commission (FTC) voted last week to issue a final rule that would prevent most employers from enforcing noncompete agreements against workers, with only limited exceptions for existing noncompetes with senior executives and noncompetes made in connection with the bona fide sale of a business.

As we previously reported, on January 5, 2023, the FTC issued a Notice of Proposed Rulemaking aimed at categorically banning noncompete agreements nationwide. … Continue Reading