FTC Proposes Banning Noncompete Clauses for Workers Move would allow former employees to take jobs with rival companies or start competing businesses By Dave Michaels Updated Jan. 5, 2023 5:56 pm ET (2 minutes) WASHINGTON—The Federal Trade Commission on Thursday issued a plan to ban noncompete clauses, a proposal that would allow workers to take jobs with rival companies or start competing businesses but raises the prospect of legal opposition from companies that say the practice has a legitimate purpose.
By Dave Michaels
Updated Jan. 5, 2023 5:56 pm ET
(2 minutes) WASHINGTON—The Federal Trade Commission on Thursday issued a plan to ban noncompete clauses, a proposal that would allow workers to take jobs with rival companies or start competing businesses but raises the prospect of legal opposition from companies that say the practice has a legitimate purpose.