The U.S. Federal Trade Commission (FTC) and the U.S. Department of Justice Antitrust are continuing their work to address anticompetitive regulations across the U.S. government. The FTC press release states:
Today, the Federal Trade Commission and the Department of
Justice Antitrust Division issued
a joint letter directing the heads of agencies across the federal
government to create a list of anticompetitive regulations that reduce
competition, entrepreneurship, and innovation.
FTC Chairman Andrew N. Ferguson and Assistant Attorney
General Abigail Slater of the DOJ’s Antitrust Division issued the letter, which
advances President Trump’s Executive
Order on Reducing Anticompetitive Regulatory Barriers.
The Executive Order directs all agency heads to provide a
list identifying anticompetitive regulations within their agency’s rulemaking
authority to the FTC and DOJ. Along with each regulation identified, the agency
must include a recommendation for deletion; a recommendation for specific
modifications; or a justification for the potential anticompetitive effects.
The joint letter follows a recent Request
for Information launched by the FTC inviting members of the public to
comment on how federal regulations can harm competition in the American
economy.
Following public feedback and the lists of anticompetitive
regulations from agency heads, the FTC and DOJ will provide the Director of the
Office of Management and Budget a consolidated list of regulations that should
be rescinded or modified, along with recommended modifications.
No comments:
Post a Comment