Feds Finalize Rule Banning Non-Compete Agreements

The Federal Trade Commission (FTC) voted 3-2 on Tuesday to ban noncompete agreements that prevent tens of millions of employees from working for competitors or starting a competing business after they leave a job.

The OMA has previously led comments from Ohio’s business community opposing the rule back in April.

OMA Connections Partner Fisher Phillips has created a breakdown of the rule and how employers can plan for the roll out. 4/17/2024