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Executive Order on Promoting Competition in the American Economy
- rogerkirkness 5y agoThis is like saying you solved all your customer's problems by writing a jargon filled GitHub Issue feature request. It's not done until it's in production baby.
- malwarebytess 5y ago> (a) There is established a White House Competition Council (Council) within the Executive Office of the President. > (b) The Council shall coordinate, promote, and advance Federal Government efforts to address overconcentration, monopolization, and unfair competition in or directly affecting the American economy, but the money shot: > (d) The Council shall not discuss any current or anticipated enforcement actions. This council is led by Daniel Hornung. Wish him luck and hope there's power to wield here.
- ergot_vacation 5y agoSo he went to all the trouble of issuing an executive order so he could...create a committee with no real teeth (and declare that a bunch of stuff was "the policy of this administration" without actually doing anything about it). Exciting stuff. I'm sure no one's happier than the monopolies that this is performative rather than practical.
- fjeifisjf 5y agoWhat are you talking about? Enforcement of law is handled by the DOJ.
- fjeifisjf 5y ago(d) just means that enforcement is handled by the Justice Department, as it should. This new council is for policy.
- crawsome 5y agowaiting for the implementation. excited for NN
- kaliali 5y agoPromoting competition? More like punishing non-donors. What needs to be reeled in is Google, Facebook, Amazon, & Twitter but all of these companies were huge donors to the Biden Administration.
- machinehermiter 5y agoSounds good on paper but there is a good chance this just makes the expected value of the bets spent on government influence by anti-competitive forces go up in the long term.