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FTC votes to ban noncompete agreements

Posted

April 23, 2024

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The Federal Trade Commission (FTC) voted 3-2 on Tuesday to ban noncompete agreements that prevent tens of millions of employees from working for competitors or starting a competing business after they leave a job.

From fast food workers to CEOs, the FTC estimates 18 percent of the U.S. workforce is covered by noncompete agreements about 30 million people. MORE

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FTC votes to ban noncompete agreements · The Hill · Sentinel