Noncompetes back in business after judge blocks FTC ban
Real Estate
A Florida judge blocked the Federal Trade Commission’s rule that would ban noncompete agreements, marking a legal roadblock for the agency. U.S. District Judge Timothy Corrigan out of Ocala, Florida, temporarily blocked the FTC’s rule Wednesday after a hearing. He kept the agency from applying the order on real estate owned by Properties of The Villages in the Sunshine State. Properties of the Villages has claimed in a lawsuit that the FTC lacks the jurisdiction to ban noncompete clauses,
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