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Biden Executive Order Urges Scrutiny of Big Tech M&A, Restoring Net Neutrality Rules

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variety.com
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Todd Spangler NY Digital EditorPresident Biden is signing an executive order Friday urging federal agencies to more aggressively police conduct by Big Tech — including to more closely review acquisitions that thwart competition.

The action comes amid a growing backlash by lawmakers and regulators against huge tech firms.Biden’s order doesn’t name the likes of Google, Facebook, Amazon or Apple but the White House says it addresses “areas in which dominant tech firms are undermining competition and reducing innovation,” including M&A, data collection and the “right to repair” devices.The order, “Promoting Competition in the American Economy,” isn’t just aimed at Big Tech.

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