Promoting Competition in the American Economy: Analysis

Brownstein Hyatt Farber Schreck
Contact

On Friday, July 9, President Joe Biden signed an Executive Order (“Order”) entitled “Promoting Competition in the American Economy.” The Order outlines 72 actions by 12 federal agencies aimed at promoting competition throughout the U.S. economy and providing small businesses an opportunity to compete against dominant market actors.

The motivation behind the executive action, according to the Order, is to enhance competition in what President Biden believes is “excessive market concentration [which] threatens basic economic liberties, democratic accountability and the welfare of workers, farmers, small businesses, startups and consumers. Such concentration, it says, has reduced employee wages and working conditions, made success difficult for small farmers, allowed information technology platforms to exclude market entrants, increased the cost of health care options, increased broadband costs and generally reduced innovation.

Please see full Alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Brownstein Hyatt Farber Schreck | Attorney Advertising

Written by:

Brownstein Hyatt Farber Schreck
Contact
more
less

Brownstein Hyatt Farber Schreck on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.