Statement on Executive Order on Promoting Competition in the American Economy

Following the announcement of the Biden Administration's Executive Order on Promoting Competition in the American Economy, Demand Progress Education Fund Executive Director David Segal issued the following statement:

"This Executive Order provides further evidence that the Biden administration is serious about creating competitive markets and reducing the strangleholds that a few large corporations have on the respective sectors of the economy they operate in.

"The measures encouraged by this EO represent a wish list progressives and other pro-competition advocates have been promoting for years, and in some cases decades. From a ban on non-compete agreements that suppress wages and keep employees tied to jobs they would rather leave, to pushing for importation of cheaper prescription drugs from Canada - and from helping people switch between banks to addressing anti-competitive behavior in online marketplaces, these initiatives would improve the wellbeing of workers, small and mid-sized businesses, and consumers across essentially all major sectors of the American economy."