White House prepares order directing agencies to consider antitrust concerns – sources

2021-06-28T173957Z_2_LYNXNPEH5R139_RTROPTP_4_USA-BIDEN-ANTITRUST-1200×785-1

The White House is working on an antitrust executive order that aims to push government agencies to consider how their decisions will impact competition in an industry, according to two sources familiar with the matter.

The drive to release such an order comes as House lawmakers are moving forward with sweeping antitrust legislation aimed at restraining the power of Big Tech companies such as Facebook Inc, Alphabet Inc’s Google, Amazon.com Inc and Apple Inc and staving off corporate consolidation.