FTC ban on noncompete agreements comes under legal attack
NEW YORK CITY, New York: The Federal Trade Commission is being sued by at least three companies for voting to ban noncompete agreements that make it hard to protect trade secrets and investments they make in their employees.
While the FTC wants to make it easier for employees to quit a job and work for a competitor, some companies disagree and have taken the legal route. Noncompete agreements prevent employees f