Business Organizations Seek Extension on Comment Period Deadline on FTC’s Proposed Rule Banning Non-Competes | Seyfarth Shaw

100 business organizations submitted a letter today requesting a 60 day extension on the March 20, 2023, comment period deadline on the FTC’s proposed rule banning non-competites with employees and workers. The business organizations include organizations in manufacturing, commerce, retail, insurance, franchise, health care, technology, financial services, construction, and staffing.
In support of their request, the organizations stated the “regulated community should be given sufficient time to assess the potential consequences of the rulemaking and develop insightful comments for the Commission to consider.”
“This rulemaking, as the FTC itself acknowledges, will impact a significant portion of the economy” and “[g]given

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