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FTC Non Compete Rule Is Enjoined: Texas Court Sets Rule Aside and Issues Nationwide Injunction
McDonald Hopkins
Aug. 21, 2024 "Issuing a nationwide injunction halting the Rule's enforcement, the Texas court deemed the Non-Compete Rule unlawful, set it aside, and ordered that the 'Rule shall not be enforced or otherwise take effect on its effective date of September 4, 2024, or thereafter.' ... Although it is possible that the FTC will appeal this decision and/or seek alternative methods to limit competition it deems unfair, the current Rule cannot be enforced on or after September 4, 2024." [Ryan LLC v. Federal Trade Commission, No. 24-0986 (N.D. Tex. Aug. 20, 2024)] MORE >> |
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