The US Federal Trade Commission (FTC) has recently announced a ban on non-competition clauses in employment contracts. This decision, which applies to both new and existing employment contracts, has been welcomed by US President Joe Biden, who believes that workers should have the freedom to choose jobs that offer better pay and working conditions.
In Israel, the non-compete clause is considered illegal and is not recognized by the courts, with a few exceptions. This move by the FTC may have significant implications for the labor market and the rights of workers across the country. The decision may lead to increased job mobility and better opportunities for workers looking to switch industries or companies.
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Overall, this recent decision by the FTC highlights the importance of worker rights and job mobility. It will be interesting to see how this decision impacts the labor market and whether other countries will follow suit in the future.