Why Tim Walz on the Democratic ticket may be a boost for noncompete bans despite FTC setback

A national ban on noncompetes was slated for September 4, but a US judge ruled that the FTC lacked the statutory authority to issue such a rule.

With the Federal Trade Commission’s ban on noncompete clauses which was set to come into effect on September 4 blocked by a federal judge in Texas and the FTC considering an appeal, Tim Walz’s selection as Democratic vice-presidential nominee is further sharpening the spotlight on the subject.

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