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Biden set to sign competition order targeting big business

President Joe Biden is set to sign on Friday an executive order that the White House says will target anticompetitive practices in tech, health care and other parts of the economy while boosting workers’ wages and consumer protections. The sweeping order includes 72 actions and recommendations that the White House says “will lower prices for families, increase wages for workers, and promote innovation and even faster economic growth.” The order includes calls for banning or limiting noncompete agreements to help boost wages, allowing rule changes that would pave the way for hearing aids to be sold over the counter at drugstores and banning excessive early termination fees by internet companies. It also calls on the Transportation Department to consider issuing rules requiring airlines to refund fees when baggage is delayed or in-flight services are not provided as advertised.

USDA will offer $655M to smaller meatpackers in bid to add competition

U.S. Agriculture Secretary Tom Vilsack, in Iowa, announces $655 million in federal grants and loans aimed at expanding small and medium-sized meatpacking operations. At left is U.S. Rep. Cindy Axne. (Screenshot via USDA Facebook page) The federal government will spend $655 million on loans and grants to help launch new meat-processing facilities to help compete with four major corporations that control the market, U.S. Agriculture Secretary Tom Vilsack announced Friday. Included is a $500 million program aimed at establishing new or expanded operations, said Vilsack, a former Iowa governor, during an appearance in in Council Bluffs, Iowa. The money will come from the American Rescue Plan pandemic relief bill.

Joe Biden set to sign competition order targeting big business

Joe Biden set to sign competition order targeting big business
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Biden Targets Big Tech, Drug Prices in Executive Order Promoting Competition in US Economy

Biden Targets Big Tech, Drug Prices in Executive Order Promoting Competition in US Economy
nbcphiladelphia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcphiladelphia.com Daily Mail and Mail on Sunday newspapers.

Biden set to sign competition order targeting big business

Biden set to sign competition order targeting big business
mynorthwest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mynorthwest.com Daily Mail and Mail on Sunday newspapers.

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