by Nelson O. Fitts, Michael J. Schobel, and Emily E. Samra
Left to right: Nelson O. Fitts, Michael J. Schobel, and Emily E. Samra (photos courtesy of Wachtell, Lipton, Rosen & Katz)
In a recent public meeting, a divided Federal Trade Commission voted along party lines to issue a final rule prohibiting non-compete clauses for nearly all U.S. workers. The FTC previously published the proposed ban in January 2023, drawing thousands of public comments. The final rule hews closely to the initial proposal, but with slightly broader exceptions.