Two Exceptions to FTC's Non-Compete Ban

Expert Opinion June 06, 2024 at 03:18 PM
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What You Need To Know

  • The ban, effective Sept. 4, applies to both prospective and existing non-compete agreements.
  • Existing non-competes can remain in place for those who meet the FTC's definition of a senior executive.
  • An exception also exists for the bona fide sale of a business.
Robert Bloink and William H. Byrnes