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FTC to Host Public Forum on Proposed Rule to Ban Noncompetes

The Federal Trade Commission (FTC) has announced that it will hold a public forum on Thursday, February 16 to examine the commission’s proposed rule to ban noncompete clauses.

According to the FTC announcement

The Federal Trade Commission will host a public forum on Thursday, February 16 examining the FTC’s proposed rule to prohibit employers from imposing noncompetes on their workers and providing an opportunity for people to directly share their experiences with noncompetes.

The forum will supplement the FTC’s request for members of the public to submit written comments on the proposed rule, which is based on a preliminary finding that noncompetes constitute an unfair method of competition and therefore violate Section 5 of the Federal Trade Commission Act.

The forum will be held virtually from 12 noon to 3 p.m. EDT. It will be webcast on the FTC’s website, transcribed, posted online, and included as part of the public record. The commission will hear from a series of speakers who have been subjected to noncompete restrictions, as well as business owners who have experience with noncompetes. After, members of the public will have an opportunity to comment via livestream. People can sign up to speak through a webform and will be heard on a first come first-serve basis during the time available.

To continue reading the full announcement, click here. If you have questions contact us here

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