Fact Sheet: President Donald J. Trump Tackles Regulations That Stifle Competition
RESTORING COMPETITION TO U.S. MARKETS: Today, President Donald J. Trump signed an Executive Order aimed at eliminating anti-competitive regulations. Competition lowers prices, speeds innovation, and increases options for consumers. The Executive Order continues the President’s policy of ushering in a Golden Age of American economic prosperity.
- Agency heads, in coordination with the Chairman of the Federal Trade Commission and the Attorney General, are directed to review all regulations subject to their authority and identify any that impose anti-competitive restraints.
This includes regulations that facilitate the formation of monopolies, create or impose unnecessary barriers to entry, or needlessly burden agency procurement.
- This includes regulations that facilitate the formation of monopolies, create or impose unnecessary barriers to entry, or needlessly burden agency procurement.
- In the next 70 days, Agency Heads must provide the FTC Chairman and Attorney General a list of all anti-competitive regulations, as well as a proposal to rescind or modify them as necessary.
Regulations requiring rescission or modification will be placed on the Unified Regulatory Agenda created pursuant to Executive Order 14129 of February 19, 2025.
- Regulations requiring rescission or modification will be placed on the Unified Regulatory Agenda created pursuant to Executive Order 14129 of February 19, 2025.
SOLICITING PUBLIC INPUT: The American people, more than any Federal official, know which regulations stifle entrepreneurship and economic growth. You are invited to tell us which regulations impede competition and should be changed or repealed:
- The FTC Chairman is required to seek input from the public, asking for help identifying anti-competitive regulations.
- The FTC Chairman will convey useful responses to the relevant agency for possible rescission or modification.
POWERING ECONOMIC GROWTH THROUGH DEREGULATION: This Executive Order is another element of the President’s sweeping deregulatory agenda that will ensure America remains the most competitive and dynamic economy in the world.
www.us-acna.info (2025.04.09.)