FTC To Decide Future of Workplace Non-Competes on April 23, 2024

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Today, April 23, 2024, the Federal Trade Commission (“FTC”) will meet to consider issuing a Final Rule affecting non-compete agreements. Although the FTC has not yet released the Final Rule under consideration to the public, based on the Fact Sheet – FTC Proposes Rule to Ban Non-Compete Clauses, Which Hurt Workers and Harm Competition, it appears that the Final Rule will both: (i) prohibit most employers from entering into non-compete agreements with both their employees and independent contractors and (ii) rescind any such existing non-compete agreements between employers and their employees and independent contractors. An update will be issued once the Final Rule is released to the public.

Cantrell Astbury Kranz, P.A. is a litigation boutique that focuses its practice on non-compete and unfair competition disputes, employment law, and business disputes throughout Florida and Georgia, including the cities of St. Petersburg, Tampa, Clearwater, Orlando, Sarasota, Fort Myers, West Palm Beach, Miami, Fort Lauderdale, Jacksonville, Key West, Pensacola, Tallahassee, Gainesville, Savannah, Macon, Augusta, and Atlanta.