New federal ban on non-competes faces challenge from U.S. Chamber  - Central Penn Business Journal

Central Penn Business Journal

Media Conglomerate: Gannett

New federal ban on non-competes faces challenge from U.S. Chamber  - Central Penn Business Journal

The U.S. Chamber of Commerce filed a lawsuit on Wednesday against the Federal Trade Commission over a new ruling expected to ban nearly all non-compete employee agreements.  The ruling, voted 3-2 by the FTC and announced on Tuesday, requires companies with existing non-compete agreements to inform current and past employees that they will not enforce those agreements.  The suit, filed in a Texas federal court, alleges that the FTC lacks the powe…