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Executive Order Launches Whole-of-Government Antitrust Initiatives but Implementation Faces a Long Road Ahead | Skadden, Arps, Slate, Meagher & Flom LLP

To embed, copy and paste the code into your website or blog: Over the course of his first six months in office, President Joe Biden has signaled a clear commitment to reinvigorate antitrust enforcement. On July 9, 2021, he took his most specific and comprehensive action on the subject yet, issuing an Executive Order on Promoting Competition in the American Economy (the Order). 1 A newly created White House Competition Council will oversee what is described as a “whole-of-government approach” that involves over a dozen federal agencies collaborating to carry out the Order’s 72 initiatives. The council, led by the director of the National Economic Council, will act as the nerve center, coordinating the implementation of the Order’s initiatives.

President Biden Signs Executive Order on Promoting Competition | Wilson Sonsini Goodrich & Rosati

President Biden Signs Executive Order on Promoting Competition | Wilson Sonsini Goodrich & Rosati
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US Executive Branch Update – July 12, 2021 - Coronavirus (COVID-19)

US Executive Branch Update – July 12, 2021 - Coronavirus (COVID-19)
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Scheme nets $250M in contracts set aside for disabled vets

Mar 12, 2021 A Texas construction company owner and a disabled veteran have pleaded guilty to a conspiracy that garnered $250 million in federal contracts set aside for small businesses owned by disabled veterans, according to the U.S. Justice Department’s Antitrust Division. Michael Wibracht, former owner of several construction businesses in San Antonio, pleaded guilty March 5 to one count of felony conspiring to commit wire fraud and defraud the United States. Wibracht and other co-conspirators installed Ruben Villarreal, a disabled veteran in San Antonio, as the owner of a construction firm, and it was registered with the U.S. Small Business Administration as a Service-Disabled Veteran-Owned Small Business (SDVOSB).

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