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WHAT THEY ARE SAYING: Biden Administration Celebrates One-Year Anniversary of Competition EO
This Saturday marked the one-year anniversary of President Biden signing the Executive Order on Promoting Competition, creating the Competition Council and outlining more than 72 directives to promote competition in the economy and lower prices for every day Americans.
Since then, the Council has taken significant steps to increase competition and deliver concrete benefits to American consumers, workers, farmers, and small businesses. With broad bipartisan backing in the Senate, we've put in place strong leaders at the Department of Justice and the Federal Trade Commission who have already blocked mega mergers that would have costed taxpayers billions. Agencies have taken steps that will lower costs for Americans across the board?from making hearing aids more affordable to addressing high meat prices. These actions are just the beginning and in the coming weeks, months, and years, the Council will continue working to foster competition across the economy.
Read what external experts and advocates are saying about the anniversary:
Farm Action: Market concentration kills innovation, limits choice, inflates prices, and extracts wealth from communities. On the 1-yr anniversary of the EO to improve competition, this from @WhiteHouseCEA recounts the history of concentration in our economy ? and why it's so dangerous. [Tweet, 7/11]
National Community Pharmacists Association: A year ago, @POTUS announced a whole-of-govt approach to reverse 40 yrs of anticompetitive policies. We've continued our pro-#patient, pro-#communitypharmacy advocacy and are seeing greater scrutiny into exploitative tactics by PBMs and their insurer-partner/owners. Progress! [Tweet, 7/11]
Kyle Wiens, iFixit CEO: Today is the anniversary of Biden's landmark Right to Repair executive order, which paved the way for New York's new law and the FTC's enforcement actions against Harley Davidson and Weber. We have come a long way in a year! [Tweet, 7/11]
John Arensmeyer, Founder and CEO Small Business Majority: Celebrating the 1-year anniversary of the Biden Administration's Executive Order on Promoting Competition in the American Economy. 1/ [Tweet, 7/11].
IMAK Global: One year ago, @POTUS released the Executive Order on Promoting Competition in the American Economy to drive down prescription drug prices. Yesterday, the @USPTO responded in a letter detailing their plans to promote competition and help Americans afford their medications. [Tweet, 7/7]
Vass Bednar, McMaster University: It is the one-year anniversary of President Biden's @POTUS Executive Order on Promoting Competition today . [Tweet, 7/11]
Bill Baer: 1/This is a big f***ing deal, as the Pres once said about the ACA. One year after the E.O. on competition, Biden has exec branch and independent agencies working together and promoting competition like never before. [Tweet, 7/11]
Sen. Elizabeth Warren: A year ago, the Biden administration signed a historic executive order establishing a whole-of-government approach to promote competition in our economy. The admin has been taking critical steps?protecting consumers, strengthening antitrust enforcement & tackling consolidation. [Tweet, 7/11]
Progressive Caucus: One year ago, @POTUS issued a visionary executive order to take on corporate consolidation across the economy. An antitrust agenda is a working people's agenda. Congress must continue the fight to take the power back from corporations and build an economy that works for all. [Tweet, 7/11]
Charlotte Slaiman, Public Knowledge: Hard to believe it's been a year since the summer of 2021 when so much exciting antitrust work got started. The Biden Admin's commitment to promoting competition, not just with the E.O. but also appointments to key posts, public statements, & behind the scenes work has been huge. [Tweet, 7/11]
Tom Perriello: 1yr ago today, @potus signed the biggest blow to monopolies and biggest wins for small business in 4 decades. [Tweet, 7/9]
Accountable Tech: A year ago, @POTUS signed an executive order mandating that every agency in the Federal government take on the problem of corporate concentration. [Tweet, 7/11]
Color Of Change: COC's #BeingBlackOnline series video, "The Monopoly Next Door," shows exactly why @POTUS EO on Promoting Competition in the American Economy is critical to #Black #SmallBusinesses. [Tweet, 7/11]
Revolving Door Project: 1/ It's been one year since President Biden announced his whole-of-government executive order to promote competition. The EO was a monumental step to rein in monopolist corporations using untapped exec branch powers. [Tweet, 7/11]
Hal Singer, Managing Director @Econ One: It's the first anniversary of the executive order on competition. We know about the work of the FTC/DOJ. Less well known is what the other agencies are doing--e.g., the FCC cracked down on exclusive deals between landlords & internet providers. Bravo! [Tweet, 7/11]
Lindsay Owens, Groundwork Collaborative: Must read thread on what's gotten done and what's underway since @POTUS issued his competition executive order one year ago. Spoiler: it's a lot! [Tweet, 7/11]
Rakeen Mabud, Groundwork Collaborative: A huge chunk of our current economic ills comes down to power - who has it, who hordes it, who abuses it. Addressing these power imbalances through competition policy is a critical part of building an economy that works for all of us. [Tweet, 7/11]
Nathan Proctor, US PIRG: One year ago, the White House issued their new executive order on promoting competition, which included critical recommendations on #RightToRepair -- and called on the FTC to take more steps. [Tweet, 7/11]
American Economic Liberties Project: 1/ We often hear how government and politics are dysfunctional, rife with lobbyist control. But in one area - competition policy to deal with corporate power - things are quietly going...well. Follow along as we try to convince you. [Tweet, 7/11]
Joseph R. Biden, WHAT THEY ARE SAYING: Biden Administration Celebrates One-Year Anniversary of Competition EO Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/356806