Biden's competition order ramps up tech antitrust tensions

United States News News

Biden's competition order ramps up tech antitrust tensions
United States Latest News,United States Headlines
  • 📰 politico
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 59%

With a new executive order on competition, President Biden is taking on the tech giants, with or without Congress behind him

5G isn’t just for consumers – it will be a gamechanger for enterprise as well. That’s why Ligado is developing a 5G Mobile Private Network solution that customizes 5G connectivity and bolsters security for the factories, farms, hospitals and utilities that keep America running.Friday’s executive order on competition wasn’t just a huge sign that Biden isn’t going to shy away from using executive power to promote competition throughout the economy.

which falls under the FTC’s jurisdiction but has traditionally not been associated with antitrust regulation. It’s a sign of how closely linked the two matters have become in the digital age, as major tech platforms amass troves of data about their users. The House is continuing to jockey over revisions to the antitrust package, which, as of late last month, House Majority Leader

said wasn’t ready for floor consideration. But regardless of what happens on the Hill, Biden’s order indicates he may not be afraid to accomplish some of these changes on his own.It’s almost guaranteed that there will be legal challenges, and it’s not clear whether some of these executive actions that seem to broaden the scope of antitrust scrutiny will hold up in the courts, which have had very different ideas about antitrust over the decades.

, even as tech companies are in need of all the Washington influence they can muster. In short, IA is “irrelevant,” one Democratic congressional aide told her.IA used to call itself “the unified voice of the internet economy,” but that’s become an increasingly untenable position as tech-world infighting has worsened. Smaller companies often find themselves at odds with the industry’s giants, which are better resourced to deal with policy changes.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

politico /  🏆 381. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden Competition Order Targets Hospital Mergers, Surprise Medical BillsBiden Competition Order Targets Hospital Mergers, Surprise Medical BillsPresident Biden’s executive order to promote competition will likely result in more federal scrutiny of hospital mergers and pricing, which economists say are two sources of higher medical costs.
Read more »

Big Tech, Retail Targets of Biden Executive OrderBig Tech, Retail Targets of Biden Executive OrderPOTUS issues dozens of mandates and recommendations to rein in big business across tech and other sectors.
Read more »

Top Biden ally pleads with him to scrap filibuster for election reformTop Biden ally pleads with him to scrap filibuster for election reformHouse Majority Whip Jim Clyburn says President Joe Biden “should endorse” the idea of creating a carveout to the legislative filibuster in the Senate for legislation that applies to the Constitution
Read more »

Biden under pressure to respond to escalating attacks on U.S. troops in Iraq and SyriaBiden under pressure to respond to escalating attacks on U.S. troops in Iraq and SyriaA series of Iranian-backed militia attacks against Americans in Iraq and Syria is piling new pressure on President Joe Biden, with some Republicans criticizing his approach as insufficient and ineffective.
Read more »

Adams to meet with Biden Monday for gun violence discussionAdams to meet with Biden Monday for gun violence discussionPresident Joe Biden and New York City Democratic mayoral nominee Eric Adams will meet in Washington on Monday to discuss gun violence — a growing problem in New York City and the centerpiece of Adams' recent successful campaign
Read more »

NYC mayoral candidate Eric Adams to meet with Biden on MondayNYC mayoral candidate Eric Adams to meet with Biden on MondayAdams is set to join a meeting the president is holding with other law enforcement and municipal leaders to discuss the nationwide surge in gun violence.
Read more »



Render Time: 2025-02-27 10:08:03