These 7 markets will be the target of Biden’s new anti-monopoly executive order
President Biden will sign an executive order Friday afternoon that takes aim at what the White House describes as the growing problem of corporate consolidation in U.S. and the higher prices, lower wages and reduced choice it imposes on workers and consumers.
The move is the latest salvo in a deepening war between the federal and state governments and big business over monopoly power and anticompetitive practices, and one the Biden administration hopes will boost the economic prospects of Americans without adding to the already substantial federal budget deficit.
Here are the 7 markets his plan will target:
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