Reducing Anti-competitive Regulatory Barriers

The order starts a government-wide review aimed at removing rules that create monopolies, block new entrants, limit procurement competition, or otherwise distort markets.

What the order does ​

• Requires agency heads to review their regulations, prioritizing significant rules, for anti-competitive effects.
• Directs agencies to submit findings and recommendations for rescission or modification within 70 days.
• Requires the Federal Trade Commission to open a 40-day public comment period within 10 days.
• Directs the Federal Trade Commission and Department of Justice to consolidate recommended regulatory changes for the Office of Management and Budget.
• Authorizes the Office of Management and Budget to consider adding the changes to the Unified Regulatory Agenda.

Who it affects ​

• Federal agencies that issue regulations or conduct procurement.
• Businesses, new market entrants, licensed professionals, contractors, and consumers affected by anti-competitive rules.