EO 14267
Reducing Anti-Competitive Regulatory Barriers
Government ReformEconomy & Trade
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Summary
This executive order directs federal agencies to identify and recommend rescission or modification of regulations that reduce market competition, create barriers to entry for new businesses, or otherwise distort free market operations. The order establishes a process requiring agencies to submit lists of anti-competitive regulations to the Federal Trade Commission and Attorney General within 70 days, followed by a consolidated review for potential deregulation.
Key Points
- 1Agencies must review regulations for six categories of anti-competitive effects: creating monopolies, limiting market entry, restricting competition, imposing excessive licensure requirements, burdening procurement processes, and other market distortions
- 2Agency heads have 70 days to provide lists of identified regulations with recommendations for rescission or modification, prioritizing significant regulatory actions
- 3The Federal Trade Commission must issue a public request for information within 10 days to gather input on anti-competitive regulations, with a 40-day comment period
- 4Within 90 days of receiving agency lists, the FTC Chair and Attorney General must provide OMB a consolidated list of regulations warranting rescission or modification
This summary is for informational purposes only. It may not capture all nuances of the executive order. Always refer to the official text for authoritative information.
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