On April 23, 2024, the FTC announced a much-anticipated final rule banning noncompete clauses nationwide. The Rule provides that noncompetes violate the FTC Act Section 5, citing concerns about harm to competitive conditions in labor, product, and service markets. It comprehensively bans new noncompetes for all workers and retroactively invalidates existing noncompetes for all workers except senior executives. The FTC drew its authority from the FTC Act Section 6(g). Both before and after its promulgation, the Rule has attracted extensive commentary and debate.
BYU Law is hosting a free live webinar featuring panelists Daniel Crane, Orly Lobel, Richard Pierce, and JJ Prescott who will review the FTC final rule, define its terms, and discuss how the rule will affect competition and benefit workers and if it is a valid exercise of FTC rule-making authority.
Dr. Cree Jones will moderate the panel. Dr. Jones has been an associate professor at BYU since 2020 and has expertise in international economic law with an emphasis on trade and investment. He has a PhD in Economics from the University of Chicago and a JD from the University of Michigan Law School.
Click here to register for the free event.