EXCLUSIVE: Over 125 ‘Anti-Competitive’ Agency Regulations Put On Chopping Block To Advance Trump’s Economic Agenda
More than 125 “anti-competitive” agency regulations have been submitted to the White House to eliminate or narrow, the Daily Caller News Foundation has learned. President Donald Trump signed an executive order in April…
More than 125 “anti-competitive” agency regulations have been submitted to the White House to eliminate or narrow, the Daily Caller News Foundation has learned.
President Donald Trump signed an executive order in April directing agency heads, along with the Federal Trade Commission (FTC) chairman and Attorney General, to identify regulations that “reduce competition, entrepreneurship, and innovation.”
The DOJ’s Antitrust Division also launched an Anticompetitive Regulations Task Force in March, inviting public comment to identify regulations that hurt “consumers, workers and businesses.” The antitrust division and the FTC consulted with agencies on regulations identified by the public.
“In America we believe in free markets, not central planning by government regulators or powerful monopolists,” said Assistant Attorney General Abigail Slater of the DOJ’s Antitrust Division said in a statement to the DCNF. “Lowering barriers to entry by removing anticompetitive regulations will free America’s innovators and entrepreneurs to do what they do best: drive America’s future success.”
Some agencies have already started the process of rescinding or modifying regulations.
Rules on the list submitted Tuesday include Department of Transportation (DOT) regulations giving contracting preferences to businesses owned by “socially and economically disadvantaged individuals,” according