Comprehensive Overview and FAQs About the FTC's Final Rule on Non-Compete Clauses

On April 23, 2024, the Federal Trade Commission (the “FTC”) issued a final rule prohibiting employers from, among other things, entering into non-compete clauses with their workers. The Rule will go into effect on September 4, 2024, unless delayed through litigation.

Download the FAQ Guide on the FTC Final Rule on Non-Compete Clauses to get a comprehensive overview of the information you need to know about the recently announced change, including:

• Entities affected by the final rule
• What qualifies as a "non-compete clause"
• Types of workers affected and not affected by the final rule
• Alternative ways to protect proprietary business information
• Notice requirements for existing workers subject to a non-compete clause
• Penalties for not complying with the new rule
• Steps to take before the effective date of the new rule