May 14, 2024
In a recent article published by the Hartford Business Journal, Labor & Employment partner Salvatore Gangemi discusses the implications of the FTC's recent ban on noncompete agreements.
In April, the FTC voted to ban most U.S. employers from requiring workers to sign noncompete agreements, arguing that the ban will help foster innovation and the creation of new business. Critics claim that the decision amounts to federal overreach.
According to Sal, it isn't likely that the ruling will stand, but he advises Connecticut employers to be cautious about using noncompete clauses in existing contracts for the time being.
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