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Business associations support injunction against US FTC noncompete ban

( January 22, 2025, 18:29 GMT | Official Statement) -- MLex Summary: The US Chamber of Commerce and other business associations told a US appeals court a  Federal Trade Commission noncompete rule is “a staggering assertion of regulatory power,” supporting an injunction against the rule. “If upheld as a valid exercise of the commission’s authority, it would mean that the commission has the power to outlaw common business practices nationwide, overriding the considered and varied policies of all 50 states. The district court below correctly concluded that Congress never gave the commission such extraordinary powers,” they argued. See attached file. ...

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