FTC's noncompete ban could reshape the US workplace [View all]

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The Federal Trade Commission’s decision this past week to outlaw nearly all noncompete agreements is a high-stakes shift in US law that could restructure the balance of power between businesses and workers.

The rule means it will become easier for millions of US workers to leave their existing jobs to work for a competing company or start their own.

Companies say it will become harder for them to protect trade secrets and confidential information.

A legal battle is already underway to decide whether this change will be allowed to take effect at the end of August or early September.

https://finance.yahoo.com/news/ftcs-noncompete-ban-could-reshape-the-us-workplace-140012480.html