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Why a Federal Judge Blocked the FTC's Noncompete Ban
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August 22, 2024August 22, 2024IPOs

Why a Federal Judge Blocked the FTC’s Noncompete Ban

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The Federal Trade Commission (FTC) banned noncompetes in April, saying that the agreements — which prevent a company’s employees from working for competitors or starting rival firms for a set time after their employment ends — kept salaries down and stopped Americans from creating new businesses. Now, a Dallas U.S. district judge is blocking the...