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What will be the next action taken by the FTC regarding noncompete agreements by the end of 2024?
2
Resolution / Starting Odds
Appeal the ruling • 25%
Amend the ban • 25%
Drop the ban • 25%
Other • 25%
Official FTC announcements
Story
Texas Federal Judge Temporarily Blocks FTC's Ban on Noncompete Agreements
Jul 3, 2024, 09:08 PM
A federal judge in Texas has temporarily blocked the Biden administration's US Federal Trade Commission (FTC) rule banning noncompete agreements, which was set to take effect on September 4. The decision, made on Wednesday, delays the implementation of the near-total ban on these agreements, which are commonly signed by workers to prevent them from joining their employers' rivals or launching competing businesses. The ruling is part of a legal challenge brought by tax preparation company Ryan LLC and the U.S. Chamber of Commerce, marking the beginning of a high-stakes legal battle over worker mobility within industries.
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Appeal the Texas Judge's decision • 25%
Propose a revised noncompete ban • 25%
Drop the noncompete ban initiative • 25%
Other • 25%
New rule proposed • 25%
Appeal filed • 25%
No further action • 25%
Other regulatory action • 25%
Rule upheld • 25%
Rule overturned • 25%
Rule revised • 25%
Other outcome • 25%
Uphold the Texas court's postponement • 25%
Overturn the Texas court's postponement • 25%
Modify the Texas court's postponement • 25%
Decline to hear the case • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Support state-level actions • 25%
Issue executive order • 25%
Propose new legislation • 25%
Take no action • 25%