Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

For Immediate Release

Press Release

Biden’s Antimonopoly Order Means Accountability Is Finally Coming to Big Business


The White House announced today that President Joe Biden will sign an executive order that will increase competition in the U.S. economy. Alex Harman, the competition policy advocate for Public Citizen, released the following statement:

“Big companies have far too much power over our economy and politics. Corporate monopolists are ripping off consumers, unfairly stomping on competitors, cheating workers, undermining innovation and more.

“Biden’s order takes straight aim at this problem and directs federal agencies to crack down on corporate concentration. It’s the most significant executive action against corporate monopolies in generations.

“As far-reaching as the EO is, it cannot address some of the deficiencies in the law that have limited the ability of enforcers to stop harmful concentration. For that, we need Congress to act now to strengthen the antitrust laws.

“This EO sends a clear and unambiguous message that corporate concentration throughout our economy is a crisis-level problem. That clarion call has been absent for decades, as administrations of both parties have let antitrust and antimonopoly enforcement fall into disrepair and decay.

“The far-reaching EO commits the Biden administration to address this problem head-on. It will benefit:

  • Workers, by targeting insidious non-compete agreements that suppress wages and limit mobility, and by directing antitrust enforcement agencies to prioritize enforcement in labor markets.
  • Consumers, by targeting abusive practices in the internet/broadband services, transportation, healthcare, and banking sectors which will result in lower prices and more consumer choice.
  • Small businesses, by targeting unfair practices across industries, including online marketplaces like Amazon, that have squeezed small businesses and trapped them in dependent relationships with large corporations that exploit the power imbalance.

“Importantly, the order takes aim at large technology platforms by expressly focusing on harmful mergers that have avoided scrutiny until now, including the gobbling up of smaller and potential competitors.

“The order also targets concerns about data and privacy by scrutinizing mergers that are motivated by the acquisition of data and those that impact user privacy, and by calling for regulation on online data collection and surveillance.

“Huge, abusive corporations are now on notice: The party is over. Accountability is coming.”


Public Citizen is a nonprofit consumer advocacy organization that champions the public interest in the halls of power. We defend democracy, resist corporate power and work to ensure that government works for the people – not for big corporations. Founded in 1971, we now have 500,000 members and supporters throughout the country.

'Infuriating Disappointment': Biden DHS Ramping Up Deportations to Haiti

"It is unconscionable for the Biden administration to resume deportation flights to Haiti, despite the country's ongoing political, economic, and environmental disasters."

Jessica Corbett ·

Architect of Texas Abortion Ban Takes Aim at LGBTQ+ Rights While Urging Reversal of Roe

"Make no mistake, the goal is to force extreme, outdated, religious-driven values on all of us through the courts."

Jessica Corbett ·

Ahead of Canadian Election, Bernie Sanders and Rashida Tlaib Endorse NDP

"Bernie, you have fought courageously for public healthcare, affordable medication, making the rich pay their fair share, and tackling the climate crisis," said party leader Jagmeet Singh. "We're doing the same here."

Jessica Corbett ·

US Urged to End Drone Strikes After Pentagon Says Killing 10 Afghan Civilians Was 'Horrible Mistake'

"That was not a 'mistake,'" said journalist Anand Giridharadas. "War crimes are not oopsies."

Brett Wilkins ·

40+ NYC Activists Arrested for Protests Against Banks Fueling Climate Emergency

"We're sending a message loud and clear that the little action that politicians and greenwashing CEOs have taken so far does not begin to deal with the magnitude of this crisis."

Jessica Corbett ·

Support our work.

We are independent, non-profit, advertising-free and 100% reader supported.

Subscribe to our newsletter.

Quality journalism. Progressive values.
Direct to your inbox.

Subscribe to our Newsletter.

Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit | Privacy Policy
Common Dreams Logo