FTC's Nationwide Ban On Noncompete Agreements Halted By Judge — Potential $400B Earnings Boost For Workers Over Next Decade Blocked

Q: How long will it take to read this news story?

The story "FTC&#039;s Nationwide Ban On Noncompete Agreements Halted By Judge — Potential $400B Earnings Boost For Workers Over Next Decade Blocked" has 377 words across 15 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "FTC&#039;s Nationwide Ban On Noncompete Agreements Halted By Judge — Potential $400B Earnings Boost For Workers Over Next Decade Blocked" was covered 11 hours ago by Benzinga, a news publisher based in United States.

Q: How trustworthy is 'Benzinga' news outlet?

Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news. The outlet is headquartered in United States and publishes an average of 28 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22188126</li><li>URL: https://beamstart.com/news/ftcs-nationwide-ban-on-noncompete-17242082419925</li></ul>

Benzinga Logo Benzinga 11h ago

FTC's Nationwide Ban On Noncompete Agreements Halted By Judge — Potential $400B Earnings Boost For Workers Over Next Decade Blocked - Benzinga

Quick Summary:

A federal judge has ruled against the Federal Trade Commission, stating that it lacks the authority to prevent companies from imposing noncompete agreements on their employees.

District Court for the Northern District of Texas declared that the FTC did not have the jurisdiction to issue rules against unfair competition practices, including the ban on noncompete agreements.

This rule was intended to prohibit companies from limiting their employees’ ability to work for competitors, reported The New York Times.