FTC to ban noncompetes: What you need to know

Episode 24 of Fairly Competing is out!

On April 23, 2024, the FTC adopted a rule that will ban virtually all employee noncompetes. For background, see FTC bans noncompetes: How will you protect your company’s information and keep your customers?

The rule is scheduled to go into effect on September 4, 2024.

If that happens, how will companies protect their trade secrets, confidential information, customer goodwill, and the integrity of their workforce?

In this episode, John, Ben, and I discuss what the FTC’s noncompete rule will do, when it will go into effect, legal challenges to the rule, and what companies can and should do now to limit the impact of the rule.

You can join us on Spotify or Apple Podcasts, or go to FairlyCompeting.com, if you’re just looking for the RSS feed.

And, because this show is for you, please email John, Ben, or me with any topics you’d like to hear us discuss. While we cannot offer legal advice on the show, we can certainly discuss any issues you may be wondering about.

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Additional resources: 

We know how hard it is to keep up with the ever-changing requirements around the country. To help, we have created the following resources (available for free):

We hope you find all of these resources useful. More are coming.

And please note that we are grateful for all of the input we’ve received over the years, and welcome any suggestions for improvements that you may be willing to share.

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*Thank you again to Erika Hahn for the intro and outro voice over, Tyler Beck for the music, and mohamed_hassan for the base image.