EO 14267
Reducing Anti-Competitive Regulatory Barriers
Summary
Agency heads, in consultation with the FTC Chairman and the Attorney General, are tasked with reviewing and identifying regulations that hinder market competition, including those that facilitate monopolies or create barriers to entry. Within 70 days, agencies must list such regulations and recommend whether they should be rescinded or modified. The FTC Chairman will gather public input through an RFI process and, after consolidating agency recommendations, will provide a list of anti-competitive regulations to the OMB Director for potential inclusion in the Unified Regulatory Agenda. This initiative aims to enhance market competition by removing unnecessary regulatory constraints.
Agencies Impacted
- DOJ
- FTC
- OMB
Timeline
Immediate, 70 days, 90 days.
Deliverable
Agencies must list such regulations and recommend whether they should be rescinded or modified (70 days). Chairman, in consultation with the Attorney General, the Assistant to the President for Economic Policy, and the relevant agency heads, shall provide to the Director of the Office of Management and Budget (OMB Director) a consolidated list of regulations that warrant rescission or modification in light of their anti-competitive effects, along with recommended modifications (90 days after receipt of list).
Legal Challenges
No known legal challenges.