Wednesday, July 14, 2021
On Friday, July 9, 2021, President Biden issued a sweeping Executive Order
1 that could have far-reaching implications for businesses across a broad spectrum of industries. The Executive Order takes a government-wide approach and includes 72 initiatives by over a dozen federal agencies, with the stated aim of addressing competition issues across the nation’s economy to protect consumers and workers and bolster innovation.
2
Significantly, the Executive Order does not immediately put any specific policies into effect or establish any requirements or prohibitions for businesses or other nongovernmental entities. Rather, the Executive Order directs and encourages federal regulators to consider policy initiatives, conduct a series of reviews, and craft new rules to implement the overarching policy goals of the Administration – a process that could take many months, if not years, to unfold. Nevertheless, the ramifications are likely to be signif
President Biden Looking to Promote Competition in American Economy
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Biden EO Promoting Competition and Antitrust Enforcement
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President Biden s Executive Order on Competition Could Mean Broad Changes Across a Range of Industries | Foley & Lardner LLP
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President Signs Executive Order Directing Federal Agencies to Promote Competition and Increase Antitrust Enforcement | Bracewell LLP
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