FTC Bans Non-Compete Clauses Nationwide, Affects Most Existing Agreements

Wrestlers are now in for a treat as they can once again amaze fans with some truly jaw-dropping surprises.

But what has changed, you wonder?

Well, it seems that non-compete clauses have become a thing of the past.

This change is universal and applies to everyone.

The Federal Trade Commission made a significant move on Tuesday by implementing a nationwide ban on non-compete clauses. This means that it is now illegal for employers to require their workers to sign non-compete agreements under any circumstances.

Moreover, this ruling will lead to the invalidation of almost all existing non-compete agreements.

BREAKING: The FTC just banned non-compete agreements.

The Federal Trade Commission has issued a final rule making it illegal for bosses to make workers sign noncompetes in any scenario, and voiding nearly all existing noncompetes.

This is a game changer for American workers. pic.twitter.com/9n1tJWpQl4

— More Perfect Union (@MorePerfectUS) April 23, 2024