Description of the blog
On March 27, the U.S. Department of Justice launched the Anticompetitive Regulations Task Force to advocate for the elimination of anticompetitive state and federal laws and regulations that undermine free market competition and harm consumers, workers and businesses.
“Realizing President Trump’s economic Golden Age will require unwinding burdensome regulations that stifle free market competition. This Antitrust Division will stand against harmful barriers to competition whether imposed by public regulators or private monopolists,” said Assistant Attorney General Abigail Slater of the DOJ’s Antitrust Division. “We look forward to working with the public and with other federal agencies to identify and eliminate anticompetitive laws and regulations.”
The DOJ’s release also states, “On Jan. 31, President Trump signed Executive Order 14192 declaring ‘the policy of the executive branch’ to be that federal agencies should ‘alleviate unnecessary regulatory burdens placed on the American people.’ Consistent with this policy, on Feb. 19, President Trump signed Executive Order 14219 directing agencies to ‘initiate a process to review all regulations’ and identify regulations that, among other things, ‘impose undue burdens on small businesses and impede private enterprise and entrepreneurship.’ Consistent with longstanding practice, the Antitrust Division will support federal agencies’ deregulatory initiatives by sharing its market expertise on regulations that pose the greatest barriers to economic growth.”
The task force is particularly interested in seeking input about laws and regulations that make it more difficult for businesses to compete effectively, especially in markets that have the greatest impact on American households, including:
The task force invites public comments to identify laws and regulations that raise barriers to competition. Comments can be submitted at regulations.gov; the deadline is May 26. ABC will submit comments.
To learn more, visit the Anticompetitive Regulations Task Force.
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