The Federal Trade Commission (FTC) on Thursday issued a public request for information on noncompete agreements as it seeks to identify practices it considers “unfair” and “anticompetitive,” a topic that has drawn attention across the mortgage and real estate industries. 

Under the Trump administration, the FTC said it will take a case-by-case approach rather than imposing a nationwide ban like the Biden administration. It argues that noncompete clauses may serve legitimate business purposes in certain circumstances but are also vulnerable to abuse.

“Unreasonable noncompete agreements have proliferated for too long in the dark,” said details ⇒

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