Click here to view original web page at www.zerohedge.com
Joe Biden is expected to sign a broad executive order that will “promote competition across American industries” somehow by further micromanaging and regulating the competitive marketplace. The order, according to Bloomberg, includes 72 actions and recommendations that involve a dozen federal agencies , according to CNBC . A White House fact sheet published on Friday morning detailed some of the order’s initiatives.
The order reportedly calls on regulators to step up their scrutiny of a wide range of companies, including technology, pharmaceutical and shipping companies.
First, the order is going to provide more scrutiny on technology mergers, focusing on “acquisition of nascent competitors, serial mergers, the accumulation of data, competition by ‘free’ products, and the effect on user privacy.” The order will also prompt new regulations “on everything from airline luggage fees to non-compete clauses”, a White House fact sheet said. Biden is expected to sign the order on Friday while making prepared remarks about the U.S. economy.
Among the items included in the order is an appeal to the FCC to reinstate net neutrality rules that prevented ISPs from slowing delivery or specified content. Net neutrality was put into place under President Obama but was then repealed by President Trump.
The FTC will be called upon to help establish rules to prevent “unfair methods of competition” on internet marketplaces and to undo “restrictions on using independent repair shops or DIY repairs on devices”, Bloomberg reported. Biden is also expected to call on health officials to try and “drive down prescription drug prices” by importing medicine from Canada and working with individual states. The FTC will be urged to prevent pharmaceutical manufacturers from paying their generic counterparts to delay lower-price versions of medications from coming to market.
Hearing aids will also be allowed to be sold over the counter as a result of the bill, according to CNBC.
White House chief economic advisor Brian Deese said on CNBC this morning: “The impulse for this executive order is really around where can we encourage greater competition across the board.”
Christian-Driven America-First Precious Metals.
Before markets collapse, the smart play is to move wealth or retirement to precious metals. Contact Genesis Gold now to make it happen smoothly with no hassles from a group driven by fellowship.
Deese concludes that the position of the tech giants has “led to a decline in innovation” and that […]
Click here to view original web page at www.zerohedge.com
Yes, We Need Your Help
I hate being “that guy” who asks people to donate because I think our conservative news network is so crucial, but here I am…
When I left my cushy corporate job in 2017, I did so knowing that my family would have to make sacrifices. But I couldn’t continue to watch the nation slip into oblivion and was inspired by President Trump’s willingness to fight the good fight even at his own personal expense. What I didn’t realize then is that conservative media would be so heavily attacked, canceled, and defunded that the sacrifices would be extreme.
Many in this nation are struggling right now even though we weren’t struggling just a few years ago. I’m not alone. But I wake up every morning and operate the sites we’ve been able to build because there’s really no other choice. I refuse to be beholden to Big Tech like so many other conservative news outlets, which is why you won’t see Google ads here. With that said, it’s often challenging to pay the bills and it’s even harder to expand so we can get the America First message out to a wider audience.
The economic downturn has forced me to make a plea for help. Between cancel culture, lockdowns, and diminishing ad revenue, we need financial assistance in order to continue to spread the truth. We ask all who have the means, please donate through our Giving Fuel. Your generosity is what keeps these sites running and allows us to expand our reach so the truth can get to the masses. We’ve had great success in growing but we know we can do more with your assistance.
We currently operate:
- NOQ Report
- Conservative Playlist
- Uncanceled News
- Based Underground
- Five other conservative news sites
I would even be willing to entertain investments and partnerships at this stage. I’ve turned them down in the past because editorial purity is extremely important. I’ll turn them down again if anyone wants us to start supporting RINOs or avoid “taboo” topics like voter fraud, vaccines, or transgender supremacy. But I’d talk to fellow America First patriots who want to help any (or all) of our 10 news sites. Hit me up at jdrucker (at) substack (dot) com if you’re interested.
For those who have the means and just want to help keep the mission of spreading a conservative, Christian message to the nation, please consider a generous donation.