Bidenâs executive order: What it means for Big Tech and you We've heard politicians pledge to go after corporate power before. Here's what makes this time different. By Rachel Kraus on July 9, 2021 Biden just put Big Tech CEOs like Tim Cook on notice. Credit: Chip Somodevilla / Getty Images President Biden's new executive order " on Promoting Competition in the American Economy," talks a big game on promoting competition across the U.S. For the tech portions of the document, it's not clear how much walk there is to follow up the talk â but already, advocates are hopeful that it means a more free and open internet.