Federal Trade Commission Approves New Rule That Prohibits Non-Compete Agreements
On Tuesday, April 23, 2024, the Federal Trade Commission (“FTC”) voted to ban almost all noncompete agreements between employers and “workers,” regardless as to whether those workers are classified as employees, independent contractors, volunteers, interns, externs, apprentices, or “sole proprietors who provide a service to a client or customer.” The Commission voted 3-2 (along political party lines) in favor of the Rule.