The US President Joe Biden issues an executive order to promote competition in the American economy that includes 72 initiatives targeting the labor, healthcare, agriculture, transportation, internet service, technology, banking, and consumer finance sectors

President Biden today signed an expansive Executive Order to promote competition that includes 72 initiatives targeting the labor, healthcare, agriculture, transportation, internet service, technology, and banking and consumer finance sectors. In the Order, President Biden calls on the Department of Justice (“DOJ”) and Federal Trade Commission (“FTC”) to vigorously enforce the antitrust laws, including those laws that provide an avenue for the agencies to challenge prior mergers that the agencies may deem as problematic. Specifically, the Administration’s policy stresses enforcement in the labor, agricultural, healthcare, and tech sectors.The Order encourages DOJ and FTC to review the horizontal and vertical merger guidelines and consider whether to revise those guidelines. The Order