• Biden to signal order to crack down on Large Tech, increase competitors ‘throughout the board’

    President Joe Biden on Friday will signal a brand new govt order geared toward cracking down on anticompetitive practices in Large Tech, labor and quite a few different sectors.

    The sweeping order, which incorporates 72 actions and suggestions that contain greater than a dozen federal businesses, is meant to re-shape the considering round company consolidation and antitrust legal guidelines, in keeping with a White Home reality sheet.

    These wide-ranging targets and initiatives embody:

    • Urging the Federal Commerce Fee to “problem prior unhealthy mergers” that earlier administrations let slide
    • Pushing the FTC to ban occupational licensing restrictions, arguing they “impede financial