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The Federal Trade Commission's (FTC) rule banning noncompete agreements has been enjoined and is considered dead. This development has significant implications for employers and employees, particularly in industries where noncompetes are prevalent. Legal experts are advising employers on the necessary steps to adapt to this change, emphasizing the importance of reviewing existing employment contracts. The overturning of the ban also raises questions about its impact on specific professions, such as physicians, who often face noncompete clauses in their contracts.
