6 min.
EDUCATION: What Does the FTC Ban of Non-Compete Agreements Mean for Healthcare Providers? Jones Health Law Podcast
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- Onderwijs
Web: www.JonesHealthLaw.com
Phone: (305)877-5054
Instagram: @JonesHealthLaw
Facebook: @JonesHealthLaw
YouTube: @JonesHealthLaw
On April 23, the Federal Trade Commission (FTC) issued a final rule, banning new non-compete agreements with all workers. It is estimated that around thirty million workers
are subject to non-compete agreements, nationwide. The Commission’s final ruling states that non-compete agreements give rise to an unfair method of competition and banning non-compete agreements will result in reduced healthcare costs, new business formation, increased innovation, and higher worker earnings.
The rule applies to anyone who works for a for-profit employer, despite being paid or unpaid and independent contractors. Additionally, limited use of non-compete
agreements between franchises and franchisors is permitted. The rule also does not apply to non-compete agreements entered into by a person pursuant to a bona
fide sale of a business entity.
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Support this podcast: https://podcasters.spotify.com/pod/show/joneshealthlaw/support
Web: www.JonesHealthLaw.com
Phone: (305)877-5054
Instagram: @JonesHealthLaw
Facebook: @JonesHealthLaw
YouTube: @JonesHealthLaw
On April 23, the Federal Trade Commission (FTC) issued a final rule, banning new non-compete agreements with all workers. It is estimated that around thirty million workers
are subject to non-compete agreements, nationwide. The Commission’s final ruling states that non-compete agreements give rise to an unfair method of competition and banning non-compete agreements will result in reduced healthcare costs, new business formation, increased innovation, and higher worker earnings.
The rule applies to anyone who works for a for-profit employer, despite being paid or unpaid and independent contractors. Additionally, limited use of non-compete
agreements between franchises and franchisors is permitted. The rule also does not apply to non-compete agreements entered into by a person pursuant to a bona
fide sale of a business entity.
---
Support this podcast: https://podcasters.spotify.com/pod/show/joneshealthlaw/support
6 min.