Federal Trade Commission votes to ban non-compete agreements for nearly all U.S. employees
Non-compete agreements may soon become non-existent for nearly all employees in the U.S. after a final rule from the Federal Trade Commission (FTC) in a 3-2 vote from commissioners. A non-compete is a contractual term between an employer and employee that blocks the worker from starting a competing business or working for a competitor for a specific amount of time after their employment ends.