Federal judge throws out U.S. ban on noncompetes toggle caption Kevin Dietsch/Getty Images A federal court in Texas has thrown out the government’s ban on noncompete agreements that was set to take effect September 4. "The role of an administrative agency is to do as told by Congress, not to do what the agency think it should do.” Ryan LLC, …
Hire Power Enlarge this image MARINA OLIPHANT/Getty Images MARINA OLIPHANT/Getty Images Millions of American workers in all sorts of industries have signed some form of noncompete agreement. And we update that story with news of a recent ruling from the Federal Trade Commission that could ban most noncompete agreements nationwide. Help support Planet Money and get bonus episodes by subscribing …
WASHINGTON — 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 jumping to or starting competing companies …
U.S. bans noncompete agreements for nearly all jobs toggle caption Pool/Getty Images/Getty Images North America The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own. "One person noted when an employer merged with an organization whose religious principles conflicted with their own, …
After 26,000 public comments, FTC to vote on rule banning noncompete agreements Enlarge this image toggle caption Paul J. Richards/AFP via Getty Images Paul J. Richards/AFP via Getty Images After receiving more than 26,000 public comments, the five members of the Federal Trade Commission are set to vote Tuesday on whether to issue a final rule banning noncompetes, declaring them …
LOADING ERROR LOADING Earlier this year, the Federal Trade Commission proposed a historic ban on noncompete agreements, which would outlaw companies from preventing their workers from taking jobs at competing firms. “Employees of financial institutions, airlines, utilities, internet service providers, oil and gas pipelines, railroads, meatpackers, and nonprofit healthcare systems should all have the same protections from these coercive employment …
