An estimated 30 million U.S. workers are currently under noncompete agreements.
The Federal Trade Commission has voted to ban employers from requiring workers to sign noncompete agreements, while blocking the enforcement of most existing clauses.The FTC announced a new rule banning noncompete clauses nationally on Tuesday, maintaining in a press release that the move would protect 'the fundamental freedom of workers to change jobs' and 'promote competition' by 'fostering new business formation.
'The FTC's final rule to ban noncompetes will ensure Americans have the freedom to pursue a new job, start a new business, or bring a new idea to market,' she added.Shortly after the new rule was announced, the business lobbying group U.S. Chamber of Commerce announced plans to file a lawsuit to block the change, calling it an 'unlawful power grab.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
FTC votes to ban noncompete agreements but faces legal challenges amid controversyThe Federal Trade Commission has made a significant move by voting to prohibit the enforcement of noncompete agreements among employees, aiming to eliminate barriers to job mobility and wage growth.
Les mer »
FTC votes to ban noncompete clauses that bar employees from working for competitorsThe FTC claims that noncompete agreements limit wage growth and increase prices for consumers.
Les mer »
FTC votes to ban 'noncompete' agreements for most employeesNoncompete agreements bar workers from jumping to or starting competing companies for a prescribed period of time.
Les mer »
FTC Votes to Ban Noncompete Clauses, Chamber of Commerce Vows to SueSee multiple perspectives from Fox Business, Wall Street Journal (News), and New York Times (News) at AllSides.com.
Les mer »
FTC bans noncompete agreements for many Americans but legal battle looms that would delay changeThe move could affect up to 30 million workers.
Les mer »
FTC bans noncompete agreements for workersThe rule makes it illegal to include the agreements in employment contracts and requires firms with active noncompete agreements to inform workers they are void.
Les mer »