By Daniel Wiessner (Reuters) – A federal judge in Texas on Wednesday partially blocked a U.S. Federal Trade Commission rule from taking effect that would ban agreements commonly signed by workers not to join their employers’ rivals or launch competing businesses. U.S. District Judge Ada Brown in Dallas said in a written decision the FTC, […]
Many physicians and nurses are happy about the Federal Trade Commission’s new rule banning the use of noncompete agreements in employment contracts. But they are disappointed that it may not protect those who work for nonprofit hospitals and health care facilities, which provide most of the nation’s care and employ the largest number of medical […]
The Federal Trade Commission last month ruled against noncompete clauses on employees, a decision that affects all for-profit firms and all employees except for a few senior executives. Noncompete clauses are contracts between businesses and their employees that prevent an employee from taking a job with a competing business. These are always justified on “trade […]
NEW YORK (AP) — For millions of American workers, the federal government took two actions this week that could bestow potentially far-reaching benefits. In one move, the Federal Trade Commission voted to ban noncompete agreements, which bar millions of workers from leaving their employers for a specific period of time. The FTC’s move, which is […]
By Daniel Wiessner (Reuters) -The U.S. Chamber of Commerce, the country’s largest business lobby, filed a lawsuit on Wednesday seeking to strike down a federal agency’s near-total ban on employers requiring workers to sign agreements not to join rivals or launch competing businesses. The Chamber’s lawsuit in federal court in Tyler, Texas, alleges that the […]
The Biden administration has issued a nationwide ban on the ability of employers to make their workers sign noncompete agreements, a move regulators said would help boost employee pay but which is set to be challenged in court by business groups. In a ruling Tuesday afternoon, the Federal Trade Commission (FTC) said noncompete clauses would […]
WASHINGTON (AP) — U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court. The Federal Trade Commission voted Tuesday 3-2 to ban measures known as noncompete agreements, which bar workers from […]
A bill that would further strengthen protections against noncompete agreements for Washington workers passed in the state Senate on Tuesday. Sponsored by Democratic Sen. Derek Stanford, SB 5935 would build on a 2019 bill that made noncompete agreements for any worker making less than $100,000 a year unenforceable, at a maximum length of 18 months. […]