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Economy

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Eugene

(66,217 posts)
Thu Aug 14, 2025, 02:17 PM Aug 14

Trump revokes Biden-era order on competition, White House says [View all]

Source: Reuters

Trump revokes Biden-era order on competition, White House says

Andrea Shalal
Wed, August 13, 2025 at 6:10 PM EDT
2 min read

WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday revoked a 2021 executive order on promoting competition in the U.S. economy issued by his predecessor Joe Biden, the White House said.

The move by Republican Trump further unwinds a signature initiative by Biden, a Democrat, to crack down on anti-competitive practices in sectors from agriculture to drugs and labor.

The Justice Department welcomed Trump's revocation of the order, saying it was pursuing an "America First Antitrust" approach focused on free markets instead of what it called the "overly prescriptive and burdensome approach" of the Biden administration.

-snip-

Read more: https://www.yahoo.com/news/articles/trump-revokes-biden-era-order-221057699.html

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