Ftc 2024 Competition Act. The ftc claims to derive its authority to issue the noncompete rule from section 5 of the ftc act, which declared unlawful “unfair methods of competition,” and section 6,. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices.
Multiple federal trial courts are considering the legality of an ftc rule banning noncompete clauses in employment contracts. The ftc claims to derive its authority to issue the noncompete rule from section 5 of the ftc act, which declared unlawful “unfair methods of competition,” and section 6,.