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Biden signs worker competition executive order Friday


Biden signs competition order targeting big business
The order is designed to improve workers opportunities in the economy, increase their chances of employment and generate more competition among US employers.
Author: AAMER MADHANI and MARCY GORDON (Associated Press)
Published: 5:26 AM CDT July 9, 2021
Updated: 2:49 PM CDT July 9, 2021
WASHINGTON President Joe Biden signed an executive order on Friday targeting what he labeled anticompetitive practices in tech, health care and other parts of the economy, declaring it would fortify an American ideal “that true capitalism depends on fair and open competition.
The sweeping order includes 72 actions and recommendations that Biden said would lower prices for families, increase wages for workers and promote innovation and faster economic growth. However, new regulations that agencies may write to translate his policy into rules could trigger major legal ba ....

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More competition - The Lima News


More competition
By Aamer Madhani and Marcy Gordon - Associated Press
President Joe Biden hands out a pen Friday after signing an executive order aimed at promoting competition in the economy, in the State Dining Room of the White House in Washington. Standing from left, Transportation Secretary Pete Buttigieg, Lina Khan, Chair of the Federal Trade Commission, Health and Human Services Secretary Xavier Becerra, Commerce Secretary Gina Raimondo, Attorney General Merrick Garland, National Economic Council director Brian Deese, obscured, and Jessica Rosenworcel, Acting Chairwoman of the Federal Communications Commission.
WASHINGTON President Joe Biden signed an executive order on Friday targeting what he labeled anticompetitive practices in tech, health care and other parts of the economy, declaring it would fortify an American ideal “that true capitalism depends on fair and open competition.” ....

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More competition: Biden signs order targeting big business


More competition: Biden signs order targeting big business
AAMER MADHANI and MARCY GORDON, Associated Press
July 9, 2021
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1of8President Joe Biden hands out a pen after signing an executive order aimed at promoting competition in the economy, in the State Dining Room of the White House, Friday, July 9, 2021, in Washington. Standing from left, Transportation Secretary Pete Buttigieg, Lina Khan, Chair of the Federal Trade Commission, Health and Human Services Secretary Xavier Becerra, Commerce Secretary Gina Raimondo, Attorney General Merrick Garland, National Economic Council director Brian Deese, obscured, and Jessica Rosenworcel, Acting Chairwoman of the Federal Communications Commission.Evan Vucci/APShow MoreShow Less ....

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Biden unveils sweeping effort to counter corporate consolidation


Daily Times
July 10, 2021
Vowing to reset the economy for the benefit of everyday workers and consumers, President Joe Biden unveiled on Friday a wide-ranging plan to tilt the balance of power away from corporations and towards “the little guy.”
Biden described the initiative as a shift from what he called Washington’s 40-year “experiment of letting giant corporations accumulate more and more power” as he signed an executive order directing changes on everything from the sale of hearing aids to the disclosure of airline baggage fees. “We have to get back to an economy that grows from the bottom up,” he said. The order, which drew strong praise from consumer advocates but a scathing response from some industry lobbying groups, outlines 72 initiatives across the federal government and announces the creation of the White House Competition Council to monitor progress. ....

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