President Biden’s Executive Order on Competition: An Antitrust Analysis
In July 2021, President Biden signed a far-ranging Executive Order directed to promoting competition in the American economy. The Order is not limited to antitrust enforcement but extends over a wide range of situations where more competitive processes or outcomes could be beneficial. Some federal agencies are already responding.
This paper examines the Executive Order and considers how it should be implemented. The result could be important shifts in antitrust policy, as well as related policies involving patents, telecommunications, and agriculture.