On January 5, 2023, the Federal Trade Commission (FTC) issued a Notice of Proposed Rulemaking (NPRM) to broadly ban the use of non-compete covenants throughout the country. The proposed rule, which would supersede all contrary state laws, is remarkable for its sweeping definition of “non-compete clauses” that fall within the ban. Jackson Lewis provided an initial alert on the proposed rule and now undertakes a more thorough review of the proposal, including a summary of what the proposed rule contains; employers and persons excluded from coverage under the proposed rule; the potential implications to employee benefit plans; and the next steps in the rulemaking process. That review may be found here: A Deeper Dive Into FTC’s Proposed Non-Compete Rule.