U.S. District Judge Ada Brown ruled that the FTC exceeded its authority in banning noncompete agreements, calling the ban 'unreasonably overbroad without a reasonable explanation.' This decision halts the FTC's nationwide noncompete ban, which was aimed at protecting worker mobility and enhancing economic competition. The ruling was based on the argument that such a ban could cause 'irreparable harm' to businesses that rely on these agreements.
The FTC expressed disappointment over the court ruling, emphasizing its commitment to fighting noncompete agreements that restrict economic liberty. FTC spokesperson Victoria Graham stated, 'We are disappointed by Judge Brown's decision and will keep fighting to stop noncompetes that restrict the economic liberty of hardworking Americans.' The agency indicated it is considering a potential appeal to maintain its fight against these agreements.
Collection
[
|
...
]