Market Update
The FTC Non-Compete Ban
The Federal Trade Commission's potential new regulation banning non-compete agreements nationwide could affect 30 million Americans. As an unfolding news story, it's crucial for life sciences organizations to stay informed about the possible impacts.
Originally set to come into effect on 4 September 2024, the United States District Court for the Northern District of Texas has since issued final judgment setting aside the ruling, meaning companies do not need to abide at present. However, the FTC has appealed the decision.