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Will the FTC appeal Judge Ada Brown's decision blocking the nationwide noncompete ban by December 31, 2024?
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Resolution / Starting Odds
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No • 50%
Official FTC announcements or court records
Story
Texas Judge Ada Brown Blocks FTC's Nationwide Noncompete Ban
Aug 21, 2024, 11:32 AM
A federal judge in Texas has blocked the Federal Trade Commission's (FTC) rule banning noncompete agreements, which was set to take effect on September 4, 2024. The decision was made by Judge Ada Brown, a Trump-appointed judge, who ruled that the FTC lacked the authority to implement such a regulation, calling it 'arbitrary and capricious.' This ruling has significant implications for the estimated 30 million American workers who are currently bound by noncompete clauses. The FTC's rule aimed to prohibit these agreements nationwide, arguing that they stifle competition and innovation in the labor market. The White House has expressed support for the FTC's efforts, emphasizing the potential benefits of the ban, including an estimated $200 billion increase in wages over the next decade. However, the court's decision means the rule will not be enforced, and the FTC is considering an appeal.
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Yes • 50%
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Yes • 50%
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Appeal successful • 25%
Appeal unsuccessful • 25%
Appeal withdrawn • 25%
No decision by end of 2024 • 25%
Appeal the Texas Judge's decision • 25%
Propose a revised noncompete ban • 25%
Drop the noncompete ban initiative • 25%
Other • 25%
Ban upheld • 25%
Ban permanently blocked • 25%
Partial ban implemented • 25%
Other • 25%