Biden declares war on anti-competitive practices with sweeping order

President Biden will sign a sweeping executive order on Friday, aimed at promoting competition in the economy through 72 initiatives cracking down on anti-competitive practices in multiple industries.

The order aims to bolster competition and make broadband services affordable, encourage innovation and competition among tech companies, address prescription drug pricing, allow hearing aids to be sold over the counter at drug stores, ban or limit non-compete agreements for workers, and make it easier for people to get refunds from airlines, among other provisions.