This will get lost in the shuffle of so many damaging high profile actions by this Administration. But this is just gratuitously bad. The government should support competition and try to help make sure consumers, workers, and small biz don’t get squeezed by huge firms’ market power.
This is a step backwards. A whole of government approach to competition is crucial. This administration could have replaced the EO with one of their own. They didn’t - which accentuates concerns that they’re not committed to supporting and promoting competition. www.whitehouse.gov/presidential...
Revocation of Executive Order on Competition
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1.