FTC issues final rule limiting noncompete agreements.

The article discusses the Federal Trade Commission's (FTC) final rule on noncompete agreements. Noncompete agreements have been commonly used by employers to limit the use of proprietary information by competitors and prevent employees from joining competitors. However, there has been a growing trend of challenges to these agreements, leading to the FTC's new rule that virtually bans noncompete agreements for most workers. The rule also has implications for trade secret protection efforts. The article mentions that the rule is already being challenged, but advises companies to review their agreements and ensure future enforceability. [Extracted from the article]