A Biden presidency could have major ramifications on U.S. tech policy.
Friday’s executive order moves the ball forward from where the Obama administration left off. In October 2016, the Obama White House issued a call to action urging state lawmakers to adopt the California model and get rid of noncompetes. Lobel, the University of San Diego law professor, said that Friday’s approach of calling on the FTC to create a federal rule is a stronger step, and one that she believes falls within the FTC’s powers.
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WSJ News Exclusive | Biden to Target Railroads, Ocean Shipping in Executive OrderThe Biden administration will push regulators to confront consolidation and perceived anticompetitive pricing in the ocean shipping and railroad industries as part of a broad effort to blunt the power of big business to dominate industries, according to a person familiar with the situation. So in other words the administration will impede American business so Chinese will strive.
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Biden targets competition in tech, healthcare in sweeping orderA presidential order designed to promote competition calls on regulators to increase scrutiny of tech companies, drug prices, shipping and more. good
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Source: WSJ - 🏆 98. / 63 Read more »
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