US President Joe Biden signed an executive order on July 9 to encourage more competition as the economy hit by the Corona wreck begins to recover. This measure affects a wide range of industries, especially in the IT industry. The Executive Order “Promoting Competition in the American Economy,” signed by President Biden, consists of 72 directives to federal agencies. For the IT industry, the Federal Trade Commission (FTC) has been enacted rules for monitoring and data collection, combating unfair competitive practices in the Internet marketplace, and independent repairers and individuals providing equipment. We request that you consider not unfairly limiting your “right to repair”. He called for a revival of the “net neutrality” rules of the Obama administration, and said it would encourage more scrutiny of mergers and acquisitions, pointing out a “monopoly internet platform.” “We will no longer allow malicious acts by monopolies,” Biden said at a press conference on Thursday. “Capitalism without competition is not capitalism. It’s exploitation.” (President Biden) Acquisition and data collection Politicians and government agencies are closely watching the movement of IT companies to acquire competitors instead of competing. I’m pointing. Facebook, for example, has been sued for antitrust violations over the acquisition of Instagram and WhatsApp. A federal court ruled last week to dismiss plaintiffs’ allegations in two trials in which the FTC and the Attorney Generals of multiple states were suing the company. The FTC may file an amended complaint within 30 days. The executive order also goes into how IT companies collect vast amounts of personal data as part of their business. This issue has been debated over Facebook and Google. It also operates an exclusive online retail marketplace and seeks regulation of companies that sell their own products as well as other companies’ products. He urged the FTC to apply legislation to address unfair competition in major Internet marketplaces. Amazon is likely to be the target for such law enforcement. The company is said to have accounted for about 40% of US e-commerce sales in 2020. Lina Khan, the new FTC chairman, addressed the possibility of Amazon’s anti-competitive practices in 2017 while attending Yale University Law School.・ A paper called Paradox) has been published. Amazon claims he can’t proceed from an objective point of view and urges him not to be involved in an investigation into alleged antitrust violations against the company. Congressmen have also questioned the web retailers that run such marketplaces. In June, US lawmakers announced five bills drafted to control the influence of Big Tech, which it considers to be a “chaotic force” focused on Silicon Valley. Revival of Net Neutrality In addition, the Executive Order calls on FTCs to take multiple steps aimed at encouraging competition among broadband providers and increasing transparency. This includes the resurgence of net neutrality rules that were abolished under the previous administration of Donald Trump. While praising the Executive Order, the American Civil Liberties Union (ACLU) urged the President to appoint a fifth FCC member and encourage such action. The FCC is currently in a stalemate, with two members each from the Democratic Party and the Republican Party. “We commend President Biden for instructing the FCC to take steps to restore net neutrality, reduce broadband costs and ensure the necessary transparency,” ACLU’s senior legal adviser Kate Ruane said yesterday. .. “But for the FCC to achieve these goals, the FCC members need to be fully aligned. President Biden must immediately appoint a fifth FCC member,” Ruane said in this article. An article from Ventures edited by Asahi Interactive for Japan.