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ABC Newsline
On May 24, ABC joined the U.S. Chamber of Commerce and more than 200 national associations and state and local chambers in urging the Federal Trade Commission to stay the effective date of its final rule to ban noncompete clauses in order to allow for judicial review. The effective date of the rule is Sept. 4.
On April 23, the Federal Trade Commission voted 3-2 to issue its final rule to ban noncompete clauses. The rule is effective Sept. 4, 2024.