Federal Trade Commission Proposes New Rule Preventing Employers from Imposing Noncompete Agreements on Workers
The Federal Trade Commission (FTC) has proposed a rule that would prevent employers from imposing noncompete agreements on their workers. The proposed rule is based on a finding that noncompete agreements suppress wages, hamper innovation, and block entrepreneurs from starting new businesses. Therefore, they constitute an unfair method of competition in violation of Section 5 of the Federal Trade Commission...