Promoting Competition in the American Economy
Directs Federal Agencies to Promote Competition Across U.S. Economy
What it does
Agencies must use their authorities to promote competition, review and enforce merger and antitrust rules, and carry out specified reports, rulemakings, and procurement changes.
Real-world impact
- Could curtail non-compete clauses and increase worker mobility.
- Proposes rulemaking to strengthen protections for farmers under Packers and Stockyards law.
- Encourages tech and telecom rule changes that may lower consumer prices.
Topics
Summary
This order directs the federal government to promote competition across the American economy. It emphasizes enforcing antitrust laws, resisting excessive industry consolidation, and addressing market power in sectors like labor, agriculture, tech platforms, healthcare, telecom, finance, and shipping.
It creates a White House Competition Council to coordinate agency actions, and asks agencies to review rules, mergers, procurement, and industry practices. It also encourages specific agency steps—rulemakings, reports, and enforcement—to protect workers, small businesses, farmers, and consumers and to increase choices and lower prices.
Questions, answered
Ask questions about this executive order and its implications. Try:
- “What agencies are affected by this order?”
- “How does this order change existing policy?”
- “What are the practical implications of this order?”