Hospital, Insurance, Finance Groups Push to Block Noncompete Ban

July 29, 2024, 9:10 PM UTC

Trade groups representing the hospital, insurance, and financial services industries are pushing courts to block the Federal Trade Commission’s noncompete ban amid a divide in the judiciary over the regulator’s powers.

The American Hospital Association and the Federation of American Hospitals, which each represent thousands of US hospitals and health systems, submitted a brief Monday in the US District Court for the Northern District of Texas opposing the rule.

The American Property Casualty Insurance Association also filed a brief in the Texas case calling for a judgment against the FTC. Groups including the American Investment Council and the Managed Funds ...

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