Biden Weighs New Executive Order Restraining Big Business

  • 📰 WSJ
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

President Biden is developing an order to rein in big companies and boost competition in industries dominated by a few firms, people familiar with the plans say

Google. A House committee last week approved a far-reaching legislative package aimed at curbing the market dominance of those tech giants in a variety of ways, such as prohibiting the big platforms from favoring their own products or services. The measures require passage from the full House and the Senate to become law., to chair the Federal Trade Commission, one of two federal agencies that handle such cases.

Progressive academics and activists have in recent years been promoting new approaches to big business policy, and some have landed in the Biden administration. Tim Wu, a longtime advocate for tougher antitrust enforcement, is now an official at the White House National Economic Council handling technology and competition policy, and has been working on the executive order, according to people familiar with the deliberations.

A similar argument in a November 2020 report issued by the Washington Center for Equitable Growth—headed at the time by Heather Boushey, now a member of Mr. Biden’s Council of Economic Advisers—called on the new administration to “commit to a ‘whole of government’ approach to competition policy.” Mr. Wu was one of the authors of that report.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

The reason why Apple and similar companies dominate is because they make the best products.

😂😁😂

say hello to socialism.

Does it include reigning in the billions they donate to the Politicians that pretend to rein them in?

Well yeah cause the way the New Economy will be setup, the rich will control everything. Two Blockchains. One for the rich, other for us po folk.

And I'm sure it will be unconstitutional

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 98. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen