Alex Grayson

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Alex Grayson focuses his practice on antitrust and competition matters and employment litigation. Read Alex S. Grayson's full bio.

FTC Issues Rule Banning Worker Noncompete Agreements

By , , , , and on Apr 30, 2024
Posted In Employee Benefits, Employment, Executive Compensation, Labor

On April 23, 2024, the Federal Trade Commission (FTC) voted 3-2 along party lines to ban all new noncompete agreements nationwide and render existing noncompete agreements binding most workers unenforceable. The Final Rule, slated for publication in the Federal Register, provides that employers’ use of noncompete agreements amounts to an “unfair method of competition” that runs afoul...

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