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Biden's assault on monopolies launches Friday


POLITICO
Biden s assault on monopolies launches Friday
The sweeping executive order, coming Friday, takes aim at monopolies and concentrated markets in industries including agriculture, airlines, broadband and banking.
President Joe Biden signs an executive order at the White House on Jan. 27, 2021. | (Evan Vucci/AP Photo)
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The White House is scheduled to issue an executive order Friday to promote competition throughout the U.S. economy in the most ambitious effort in generations to reduce the stranglehold of monopolies and concentrated markets in major industries.
The order whose details POLITICO first reported last week marks a major push by President Joe Biden’s administration to focus on competition as part of the economic recovery from the pandemic. It also offers a response to progressives’ criticisms that the federal government has focused too much on supporting banks and other corporations without concern about the effect on consu ....

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Biden's infrastructure plan ignores success of broadband | Open


Broadband has been America’s greatest infrastructure success story — modern, reliable, and passed the stress-test of soaring demand from COVID lockdown with flying colors.
Its success stands in stark contrast to government-run infrastructure — water, sewer, transportation — which in many places is in a state of disrepair. It also stands in contrast to broadband in Europe, where regulators opted for government-managed pseudo-competition, as networks struggled and strained and had to be throttled when demand surged.
As the University of Pennsylvania’s Christopher Yoo reported: “Between 2010 and 2016, American providers invested on average annually 2.35 times as much per household as their European counterparts. This allowed the average U.S. household to consume more than three times as much data as the average European household in 2017, according to Cisco. This is a significant jump over the 44 percent difference between U.S. and Europe that ex ....

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