#NonCompeteAgreements

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Trump administration drops defense of ban on employee ’noncompete’ agreements By Daniel Wiessner (Reuters) -President Donald Trump’s administration abandoned on Friday the U.S. government’s legal defense of a rule adopted under former President Joe Biden that had banned agreements commonly signed by workers not to join rivals of their employers or launch competing businesses. The U.S. Justice Department filed motions in federal appeals courts in New Orleans and Atlanta to dismiss separate appeals of rulings by two judges that struck down the 2024 U.S. Federal Trade Commission rule concerning "noncompete" agreements. Republicans and business groups have criticized the rule. The move was expected after FTC Chairman Andrew Ferguson, who was appointed to the post by Trump and had previously criticized the rule, said in February that the agency was reviewing it. The appeals involve legal challenges to the rule by a marketing firm and a real estate developer, as well as the U.S. Chamber of Commerce and other business groups. Dropping the appeals means the courts will not have a chance to address the novel question of whether the commission, which enforces federal antitrust laws, can adopt sweeping regulations such as its nationwide ban on "noncompete" agreements. More than 20% of U.S. workers have signed noncompete agreements, according to the FTC. The agency, in adopting the rule, had said the agreements limit worker mobility and suppress wages and competition for labor. Ferguson and other Republicans on the commission have said the FTC has limited rulemaking powers and cannot adopt blanket bans on what it views as anticompetitive conduct. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. During Trump’s first term as president, his administration had argued in court that while specific provisions of noncompetes can be unlawful, the agreements themselves were not. The agency in that case said that the company’s broad agreements, signed even by low-level employees, unlawfully suppressed competitors’ entry into the pet cremation market. AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 3 out of 4 global portfolios are beating their benchmark indexes, with 98% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?

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A Supreme Court Justice Warned That a Ruling Would Cause “Large-Scale Disruption.” The Effects Are Already Being Felt. One recent Supreme Court decision is already rippling through dozens of key lower court cases involving everything from airline fees to gun sales to abortion access, affecting people’s lives in import...

A Supreme Court Justice Warned That a Ruling Would Cause “Large-Scale Disruption.” The Effects Are Already Being Felt.

#overtimepay #transgender #airlinesfees #noncompeteagreements #backgroundchecks #abortionishealthcare #misleadingclaims #citizenship www.propublica.org/article/supr...

Wednesday When The News Kept Happening Today has been one of those blockbuster days where you don't know quite where to look. For starters, we’re catching up with a decision by the Federal Trade Commission (FTC) that ends the use of noncom...

@joycewhitevance.bsky.social APR 25
Yesterday has been one of those blockbuster days where you don't know quite where to look.
For starters, we’re catching up with a decision by the #FederalTradeCommission #noncompeteagreements. A #employee #job #business open.substack.com/pub/joycevan...