The FTC’s ban on noncompete clauses could be good for startups. But it also might be struck down.

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The FTC’s ban on noncompete clauses could be good for startups. But it also might be struck down.

The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means companies can’t require employees who aren’t senior executives to wait a set amount of time before joining a competitor or launching their own company in the same category. While the FTC’s ruling will impact industries like […]

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The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means companies can’t require employees who aren’t senior executives to wait a set amount of time before joining a competitor or launching their own company in the same category. While the FTC’s ruling will impact industries like […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Rebecca Szkutakhttps://techcrunch.com/feed/TechCrunchhttps://techcrunch.com/2024/04/25/the-ftcs-ban-on-noncompete-clauses-could-be-good-for-startups-but-it-also-might-be-struck-down/

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