The Federal Trade Commission on Tuesday banned noncompete agreements for most U.S. workers, a move that will affect an estimated 30 million employees bound by contracts that restrict workers from switching employers within their industry.
Democracy Dies in Darkness
FTC bans contracts that keep workers from jumping to rival employers
Business groups blasted the new rule as an overreach by the Federal Trade Commission and vowed to fight it in court
By Julian Mark
Updated April 23, 2024 at 7:33 p.m. EDT|Published April 23, 2024 at 3:02 p.m. EDT