Join us Sept. 14 at the U-M Golf Course for the 2024 Alumni Territory Homecoming Tailgate!

5Qs: Prescott Explains Implications of New Rule Banning Noncompete Agreements

June 11, 2024

 • 

Read time:

5-15 mins
Business People Negotiating A Contract.
Presented by Michigan Law

Noncompete agreements — in which the employee agrees not to go to work for a competitor or start their own business if they leave their employer — have become mainstays in many industries, but a new FTC rule banning them is shaking things up for employers and employees alike. In this edition of 5Qs, law and economics expert Professor J.J. Prescott explains the current enforcement laws around noncompetes, and what complications the new rule brings to the table.

More from the Alumni Education Gateway
Join the Alumni Education Gateway Email List​
We use cookies to ensure you get the best experience on our website. By using this site, you accept our use of cookies.