National Federation of Independent Business
FTCRulemakingFTC-2023-0007

Non-Compete Clause Rule

RIN
Last modified
Aug 26, 2024
Comment window
closed 1196d ago
National Federation of Independent Business filings
1

Activity

National Federation of Independent Business filed 1 comment on this docket between May 3, 2023 and May 3, 2023. 300 other organizations filed here. The comment window closed 1196d ago.

What National Federation of Independent Business filed (1)

May 3, 2023· Comment from National Federation of Independent Business (NFIB)· FTC-2023-0007-20832

NFIB (National Federation of Independent Business) comment letter of April 14, 2023, in response to Federal Trade Commission Notice of Proposed Rulemaking Titled "Non-Compete Clause Rule," RIN 3084-AB74, 88 Fed. Reg. 3482 (January 19, 2023), 88 Fed. Reg. 20441 (April 6, 2023)(comment period extension), is attached.

Abstract

Pursuant to the Federal Trade Commission Act (‘‘FTC Act’’), the Federal Trade Commission (‘‘Commission’’) is issuing the Non-Compete Clause Rule (‘‘the final rule’’). The final rule provides that it is an unfair method of competition for persons to, among other things, enter into non-compete clauses (‘‘non-competes’’) with workers on or after the final rule’s effective date. With respect to existing non-competes—i.e., non-competes entered into before the effective date—the final rule adopts a different approach for senior executives than for other workers. For senior executives, existing non-competes can remain in force, while existing non-competes with other workers are not enforceable after the effective date.

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Non-Compete Clause Rule (FTC) — National Federation of Independent Business | OpenPolis