FTC's New Rule Banning Non-Compete Agreements

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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