Business groups led by the U.S. Chamber of Commerce sued the Federal Trade Commission (FTC), challenging its decision to ban noncompete agreements.
The FTC voted 3-2 Tuesday to pass the rule blocking new noncompete agreements. The rule also requires employers to throw out existing noncompete agreements and notify current and former workers they won’t be enforced, though the final rule carved out an exemption for senior executives, who still may be subject to the agreement.
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lennyesq 