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Barbara Weltman

Big Ideas for Small Business, Inc.

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Ban on non-competes effective today?

September 4, 2024 / By Barbara Weltman

The FTC’s ban on non-compete agreements is scheduled to go into effect today in most of the country. The FTC’s ban was temporarily enjoined by a district court in Texas, but this is not a nationwide ban. The U.S. Supreme Court’s decision this past June in the Loper Bright case may be a basis for future lawsuits to upend the FTC ban on the grounds that the FTC doesn’t have the authority to issue such a ban. Wait and see. #IdeaoftheDay

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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