Executive Order on Promoting Competition in the American Economy
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Re: Executive Order on Promoting Competition in the American Economy
#2Seeing a lot of "big tech" takes on the order but if you read it, "big tech" is a minor focus of the order. It's the last of five named industries and you literally have to scroll all the way to the bottom to read about it. That seems fitting to me, since America has dozens of problems that are much more serious than the fact that Google has web server logs.
Re: Executive Order on Promoting Competition in the American Economy
#3What about competition in education? If my three children attended schools other than neighborhood public one, it could cost us more than $100K per year. Public schools are almost monopolies. The Democrats, heavily supported by teachers' unions, do not talk about competition in education.
Re: Executive Order on Promoting Competition in the American Economy
#4It's remarkable to see a statement so thoroughly footnoted with links to supporting documents.
Oddly, the one link I can't find is the order itself. This is a statement, rather than the actual order. I can't find it on the White House site or the Federal Register.
Re: Executive Order on Promoting Competition in the American Economy
#5It's remarkable to see a statement so thoroughly footnoted with links to supporting documents. Oddly, the one link I can't find is the order itself. This is a statement, rather than the actual order. I can't find it on the White House site or the Federal Register.
The Washington Post says the order isn't coming out until later this afternoon.
Re: Executive Order on Promoting Competition in the American Economy
#6Net neutrality! While we're at it, I wish the White House had included bringing back the Fairness Doctrine:
Re: Executive Order on Promoting Competition in the American Economy
#7>Make it easier to change jobs and help raise wages by banning or limiting non-compete agreements and unnecessary, cumbersome occupational licensing requirements that impede economic mobility.
Good. Really needs to be a law. Not sure how much FTC action would survive the courts.
Re: Executive Order on Promoting Competition in the American Economy
#8Net neutrality! While we're at it, I wish the White House had included bringing back the Fairness Doctrine: https://news.ycombinator.com/item?id=25821705
I don't think the fairness doctrine is worth it in the modern day.
1. Most sources of news that people consume would be exempt as the fairness doctrine only works on broadcast TV.
2. The doctrine was often used as a political cudgel to silence criticism.
3. It usually didn't achieve the desired goal as it's easy for an interested actor to bias the "other side" reporting.
Re: Executive Order on Promoting Competition in the American Economy
#9Regarding banks, we need account number portability like we have for phone numbers. One of the impediments to switching banks is that all automatic payments (and direct deposit) have to be revised.
Re: Executive Order on Promoting Competition in the American Economy
#10>The economy is booming under President Biden’s leadership.
I mean I'm not into politics but this kind of self promotion is ridiculous.
>Lower prescription drug prices by supporting state and tribal programs that will import safe and cheaper drugs from Canada.
When I hear Canada and their health system/indsutry I always recall this: https://www.youtube.com/watch?v=nJOO9I9kvwo
>Calls on the leading antitrust agencies, the Department of Justice (DOJ) and Federal Trade Commission (FTC), to enforce the antitrust laws vigorously and recognizes that the law allows them to challenge prior bad mergers that past Administrations did not previously challenge.
>Big Tech platforms purchasing would-be competitors: Over the past ten years, the largest tech platforms have acquired hundreds of companies—including alleged “killer acquisitions” meant to shut down a potential competitive threat. Too often, federal agencies have not blocked, conditioned, or, in some cases, meaningfully examined these acquisitions.
Obama was in the office from 2009 to 2017. Facebook's Instagram and Whatapp acquisitions happened in that period so go ask Obama and FTC at the time why this acquisitions were allowed.