What-Illinois-Business-Owners-Should-Know-About-the-One-Big-Beautiful-Bill-Act-300x300Many business owners heard headlines saying the Federal Trade Commission “banned non-competes” and assumed restrictive covenants were essentially over.

That is not what ultimately happened.

While the FTC attempted to implement a sweeping nationwide ban, that rule never took effect. Courts blocked it, the appeals process ended, and the agency later removed the rule from federal regulations. As a result, there is no nationwide prohibition on non-compete agreements in 2026.