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Law, disrupted

Explaining the FTC’s Nationwide Ban on Non-Competes

May 22, 2024
Kimberly Carson, Partner in Quinn Emanuel’s New York Office, discusses the FTC's nationwide ban on non-compete agreements, exceptions to the rule, legal challenges, and alternative measures for employers to protect their interests, including trade secret litigation and fixed-duration contracts.
16:50

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Podcast summary created with Snipd AI

Quick takeaways

  • FTC bans nationwide non-compete agreements, exceptions for senior executives and business sales.
  • Legal challenges against FTC rule claim overreach, lack of evidence, and retroactivity.

Deep dives

FTC's Nationwide Ban on Non-Competition Agreements

The Federal Trade Commission (FTC) has announced a rule banning nationwide non-competition agreements. This rule prohibits employers from enforcing existing non-competes, entering into new non-competes, or claiming that workers are subject to non-compete clauses.

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