Noncompete Agreements FTC Ban: Chamber of Commerce Fights Back with Lawsuit
Tyler, Texas – The U.S. Chamber of Commerce has taken legal action against the Federal Trade Commission (FTC) regarding the agency’s ban on noncompete agreements. In a lawsuit filed in a federal court, the Chamber argues that the FTC overstepped its authority in implementing this sweeping regulation. According to the Chamber, the recent 3-2 vote by the FTC, supported by the agency’s majority Democratic commissioners, could have negative implications for American businesses’ competitiveness. They believe …