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FTC Releases Restrictive Proposed Rule Banning Noncompete Agreements

January 18, 2023

On Jan. 5, 2023, the Federal Trade Commission issued a proposed rule that would ban all noncompete agreements with limited exceptions. ABC will be commenting in opposition to the proposed rule, which is overly restrictive on well-established and reasonable business practices of the construction industry. Comments on the proposed rule are due by March 10 through regulations.gov.

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