FTC Proposes Rule to Ban Non-Compete Clauses
On Thursday, January 5, 2023, the Federal Trade Commission (FTC) proposed a new rule that would ban non-compete clauses, preventing employers from entering into non-compete clauses and requiring employers to rescind existing non-compete clauses. To view the formal press release published by the Federal Trade Commission (FTC), click here. Want to know the other side? Learn why the Michigan Chamber is opposing the rule by clicking here.