Is the FTC Banning Non-Competes?
Earlier this month, the Federal Trade Commission (FTC) proposed a rule that will ban many non-compete agreements throughout the country if it is enacted.
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Non-compete agreements are agreements that prevent employees from working in certain industries following employment with their current employer. They are often limited by geographic scope and time.
For example, a non-compete clause may prevent a physician from working in the medical field for one year following …