Trump revokes Biden-era order on competition, White House says
Published: 14 Aug. 2025, 10:59
![U.S. President Donald Trump announces the 48th annual Kennedy Center Honors recipients at the John F. Kennedy Center for the Performing Arts in Washington on Aug. 13. [UPI/YONHAP]](https://koreaseafood.online/data/photo/2025/08/14/0a61d83a-5a8d-4723-a239-6a24f30f6f50.jpg)
U.S. President Donald Trump announces the 48th annual Kennedy Center Honors recipients at the John F. Kennedy Center for the Performing Arts in Washington on Aug. 13. [UPI/YONHAP]
U.S. President Donald Trump revoked on Wednesday a 2021 executive order on promoting competition in the U.S. economy issued by his predecessor Joe Biden, the White House said.
According to the text of the July 2021 "Promoting Competition in the American Economy" order, it aimed to "enforce the antitrust laws to combat the excessive concentration of industry, the abuses of market power, and the harmful effects of monopoly and monopsony," focused on areas such as labor and health care markets.
Reuters
with the Korea JoongAng Daily
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