Federal Judge Sets Aside FTC Noncompete Ban
August 21, 2024
On August 20, 2024, a federal judge set aside the Federal Trade Commission’s (“FTC”) ban on noncompete agreements (the “Rule”), which was to take effect in September of this year. The Rule had sought to characterize noncompete agreements in employment contracts as an unfair method of competition and effectively ban the use of such agreements nationwide. Earlier this spring, the Jackson Kelly…