18 months ago, President Biden issued an executive order directing all federal agencies to promote competition in the U.S. economy. Devised by a small group of anti-monopoly reformers, it included a whopping 72 different discrete action items for agencies to take, but more critically, it sought to change the government’s approach towards concentrated corporate power.
For our implementation issue, I wanted to check out how this initiative was going. I contacted every federal agency named in the executive order, and asked them what they’ve done on competition policy. Almost every one of them wrote back.
Progress
never happens in a straight line. Some agencies have taken the president’s directive to heart, while others have not. Some actions were taken immediately, and some are still waiting to be completed. But slowly, gradually, and sometimes agonizingly, the ship of state is turning around. I tell that story in a feature we released today.
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