Maria L. Kreiter

May 5, 2024 | mondaq.com | Allison W. Reimann |Emma Jewell |Maria L. Kreiter |Rebeca Lopez |Rebeca Mejía López

On Tuesday, April 23, 2024, the Federal Trade Commission (FTC) voted to publish a Final Rule that will effectively ban existing and future non-compete agreements with workers in the United States, with limited exceptions. The Final Rule will not take effect until 120 days after it is published. Assuming the Final Rule is published in the next two weeks as anticipated, it will not take effect until approximately August 2024 (i.e., 120 days after the publication date).