FTC Bans Non Competes

[rousemark]

Should be good news for a lot of captive P&C And L&H agents

FTC Announces Rule Banning Noncompetes

Today, the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamen

www.ftc.gov

 

[Cenla Agent]

Something tells me that this won't apply to marketing orgs refusing immediate releases when they have no legitimate reason for doing so.

 

[goillini52]

Something tells me that this won't apply to marketing orgs refusing immediate releases when they have no legitimate reason for doing so.

Not the same thing.

 

[Ron Van D]

“Beginning with policy puts the cart before the horse,” FTC Commissioner Andrew Ferguson (R) said. “No matter how important, conspicuous and controversial the issue, and no matter how wise the administrative solution, an administrative agency’s power to regulate must always be grounded in the valid grant of authority from Congress. Because we lacked that authority, the final rule is unlawful.”

 

[walthamny]

Interesting if Liberals can get this done, I would be happy for the beginner agents. It gives them much power.