United States: FTC Approves Final Rule To Void And Ban Most Employee Non-Compete Agreements, Faces Immediate Legal Challenges - Akin Gump Strauss Hauer & Feld LLP

On April 23, 2024, the Federal Trade Commission (FTC) approved, by a 3-2 vote, a final rule that would void and ban nearly all employee non-compete agreements in the United States.