The Healthcare Consultants Podcast, hosted by Michael V. Favia, principal attorney at Michael V. Favia & Associates, P.C., presents a crucial episode focusing on the Federal Trade Commission’s (FTC) new rule banning non-compete agreements nationwide. This significant regulation aims to enhance job mobility, drive innovation, and encourage new business formations. In this episode, Attorney Lori Goldstein discusses the implications of this rule for employers and employees across the United States.
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Understanding the FTC’s New Rule Banning Non-Compete Agreements
On April 23, 2024, the Federal Trade Commission (FTC) issued a landmark final rule prohibiting non-compete agreements for employees at all levels, with limited exceptions. This ruling has significant implications for employers and employees nationwide. Rest assured, Michael V. Favia & Associates, P.C., led by Chicago lawyer Michael V. Favia, with extensive experience in this area, is here to help you understand the nuances of this new regulation and its impact on your business practices.
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