Prohibits noncompete agreements for workers earning less than $100,000 annually.
Prohibits noncompete agreements for workers earning less than $100,000 annually, adjusted for inflation. These agreements become unenforceable, including those made before the act's enactment. The Federal Trade Commission and state attorneys general can enforce this prohibition, treating violations as unfair or deceptive practices. Confidentiality agreements for trade secrets and confidential business information remain unaffected. Stronger state laws are preserved.
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