On August 20, the U.S. Chamber of Commerce celebrated a legal victory for American businesses, workers, and the economy after the U.S. District Court for the Northern District of Texas set aside the Federal Trade Commission’s (FTC) ban on employment noncompete agreements. The rule had been set to take effect on September 4. U.S. Chamber […]
Six State Attorneys General Reach Settlement with Oil Change Franchisor Over Use of Non-Compete Agreements
Colorado Attorney General Phil Weiser and a coalition of six attorneys general from Illinois, Maryland, Massachusetts, Minnesota, New York, and Pennsylvania announced an agreement to end the use of non-compete agreements, that they alleged were unfair labor practices under state law, for hourly employees at oil change and auto services company Valvoline LLC, Valvoline Instant […]
FTC Announces Rule Banning Noncompete Agreements
U.S. Chamber says it will sue to overturn the rule. The Federal Trade Commission yesterday issued a final rule to promote competition by banning noncompete agreements nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation. As CollisionWeek reported in January, the FTC in a Notice of Proposed […]
FTC Proposes Rule to Ban Employee Noncompete Clauses
The Federal Trade Commission proposed a new rule that would ban employers from imposing noncompetes on their workers, a practice that the Commission states is widespread and often exploitative that suppresses wages, hampers innovation, and blocks entrepreneurs from starting new businesses. By stopping this practice, the agency estimates that the new proposed rule could increase […]