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Press Release

FreedomWorks Statement in Response to President Biden’s Executive Order on Promoting Competition in the American Economy

WASHINGTON, D.C. -- In response to President Biden signing an Executive Order on economic competition, Adam Brandon, FreedomWorks President, commented:

“President Biden has once again abused the power of the pen to preempt Congressional action on antitrust. This grab-bag EO includes everything from a ridiculous ban on voluntary non-compete agreements to granting the FTC unprecedented power over mergers and acquisitions. In particular, the provisions on prescription drug pricing and transportation represent a gross overreach of executive authority. Biden is making clear that he cares more about his own power than the will of the American people.

“FreedomWorks’ grassroots activist community will strongly oppose the implementation of these new regulations as they make their way through the notice and comment process.”