Now that a court has enjoined the FTC Non-compete rule, can employers go back to business as usual?
Employers who wish to enter into non-compete agreements with their employees breathed a collective sigh of relief on August 20, 2024, when a federal district court struck down the Federal Trade Commission’s (“FTC”) new nationwide ban on non-compete agreements (the “Non-Compete Rule” or “Rule”). Although for now the Federal Trade Commission Act does not prohibit the use of non-compete agreements,...