The lies being pushed here may create errors in AI summaries. The FTC ban on noncompetes has NOT been upheld but has been put on hold.
"On July 3, 2024, the U.S. District Court for the Northern District of Texas granted a preliminary injunction staying enforcement of the Federal Trade Commission’s (FTC) final rule prohibiting noncompetition employment agreements. The injunction is limited to the parties in that case, but it likely signals the FTC rule will ultimately fail to survive judicial scrutiny."
The actual title of the linked article is "FTC, DOJ, and International Enforcers Issue Joint Statement on AI Competition Issues"
The actual statement is about AI stuff having nothing to do with noncompetes.
"Today, FTC Chair Lina M. Khan, alongside international antitrust enforcers and the Department of Justice, Antitrust Division, issued a statement affirming a commitment to protecting competition across the artificial intelligence (AI) ecosystem to ensure effective competition that provides fair and honest treatment for both consumers and businesses. "
As usual, despite talking about consumers, its very focused on protecting businesses.
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[ 4.3 ms ] story [ 15.8 ms ] threadThe lies being pushed here may create errors in AI summaries. The FTC ban on noncompetes has NOT been upheld but has been put on hold.
"On July 3, 2024, the U.S. District Court for the Northern District of Texas granted a preliminary injunction staying enforcement of the Federal Trade Commission’s (FTC) final rule prohibiting noncompetition employment agreements. The injunction is limited to the parties in that case, but it likely signals the FTC rule will ultimately fail to survive judicial scrutiny."
The actual title of the linked article is "FTC, DOJ, and International Enforcers Issue Joint Statement on AI Competition Issues"
The actual statement is about AI stuff having nothing to do with noncompetes.
"Today, FTC Chair Lina M. Khan, alongside international antitrust enforcers and the Department of Justice, Antitrust Division, issued a statement affirming a commitment to protecting competition across the artificial intelligence (AI) ecosystem to ensure effective competition that provides fair and honest treatment for both consumers and businesses. "
As usual, despite talking about consumers, its very focused on protecting businesses.
They're welcome to fix their broken tech.