"Promoting Competition in the American Economy" | |
Type | Executive order |
---|---|
Executive Order number | 14036 |
Signed by | Joe Biden on July 9, 2021 |
Federal Register details | |
Federal Register document number | 2021-15069 |
Publication date | 9 July 2021 |
Summary | |
Authorizes an all-of-government approach to promoting competition and creates a White House Competition Council. |
Executive Order 14036, titled Executive Order on Promoting Competition in the American Economy and sometimes referred to as the Executive Order on Competition,[1] is the fifty-first executive order signed by U.S. President Joe Biden. Signed on July 9, 2021, the order serves to establish a "whole-of-government effort to promote competition in the American economy" by encouraging stronger enforcement of antitrust law.[2]
The executive order directs over a dozen federal agencies, including the Federal Trade Commission (FTC), to take action on 72 separate initiatives identified by the Biden administration as beneficial to reining in anti-competitive practices. Specific initiatives in the executive order include efforts to limit non-compete clauses, allow for hearing aids to be sold over the counter, and revive net neutrality.[3][4] The order has been interpreted as supportive of the "right to repair" movement, which seeks to prohibit companies from making products prohibitively difficult to repair in order to encourage consumers to purchase new products.[5][6]
The order additionally establishes the White House Competition Council, a fifteen-member committee led by National Economic Council (NEC) director Lael Brainard.[7]
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