New federal rule would bar ‘noncompete’ rules for most employees
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New Federal Rule Would Bar 'Noncompete' Agreements For Most Employees
U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court.
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New federal rule bans ‘noncompete’ agreements for most workers
Noncompete agreements are banned in three states, including California, and some opponents of noncompetes argue that California's ban has been a key contributor to that state's innovative tech economy.
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New federal rule would bar 'noncompete' agreements for most employees
According to the FTC, 30 million people - roughly one in five workers - are now subject to such restrictions.