‘Capitalism without competition is exploitation’, president said while denouncing era of business monopolies
Joe Biden has signed an executive order targeting anti-competitive practices across the economy that could have major ramifications for America’s largest tech companies.
Friday’s order is the latest of Biden’s actions on anti-trust issues, which have pleased progressives pushing for more action on corporate power – particularly among tech giants – for years.
Related: ‘Capitalism without competition is exploitation,’ says Biden as he signs order – live