Credit: Gorodenkoff Productions OU/Adobe Stock

In a move that could have far-reaching implications for the health-care industry, the Federal Trade Commission last week voted to ban noncompete agreements in most situations.

"Workers told us that they want to compete," said Benjamin Cady, an attorney advisor in the FTC's Office of Policy Planning "They want to be able to take better jobs and make the most of their abilities. They want to strike out on their own and start new businesses, but noncompetes prevent them from doing so. Workers other than senior executives also explained that they had no real choice about whether to enter into noncompetes and no practical ability to negotiate."

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