Last week, President Joe Biden signed an Executive Order aimed
at promoting competition in the American economy. In a press release touting the
Executive Order, the White House stated that President Biden
intended to build on recent economic growth in order to
"promote competition in the American economy, which will lower
prices for families, increase wages for workers, and promote
innovation and event faster economic growth."
Continued Governmental Opposition to Non-Competes
The Executive Order includes 72 initiatives designed to foster
competition in several areas of the economy including labor
markets, healthcare, transportation, agriculture and technology. As
explained in greater detail by our colleagues in an earlier advisory, the
Executive Order raises antitrust issues in a number of these
industries. As relates to specifically to labor markets, the White
House's press release cited an article that concluded industry
consolidation has resulted in a 17%
