US President Joe Biden signed an executive order on promoting competition in the US economy on July 9 (local time). It consists of 72 items of orders to federal agencies. Each federal agency must act in accordance with this order. “This executive order promises the federal government full and active enforcement of antitrust law. There is no longer any tolerance for antitrust abuse of power. Mass dismissals, price increases, workers and consumption,” Biden said in a press conference. There are no more malicious takeovers that lead to fewer choices. ” The executive order concerns a wide range of US economies, including agriculture and retail, but here are some excerpts of orders related to major IT companies. Regulatory scrutiny of acquisitions and mergers A vicious merger overlooked by past administrations calling on the U.S. Department of Justice (DoJ) and the Federal Trade Commission (FTC), which are major antitrust returns, to proactively enforce antitrust laws. The law allows you to challenge. As a “malicious merger” in the past, it seems that Facebook’s acquisition of Instagram is expected. Establishing rules for data storage We ordered the FTC to establish rules for user tracking and data collection and storage by businesses. Google and Facebook could be affected. Prohibition of unfair competition with SMEs by major platforms Order FTC to establish rules prohibiting unfair competition in the Internet market. “Companies operating major online retail markets can see how SMEs sell their products and use that data to launch their own competing products,” the fact sheet said. It’s clear that it’s supposed to be Amazon.com. Restoration of Net Neutrality Order the Federal Communications Commission (FCC) to restore the “net neutrality” rules that were abolished under the Trump administration. Elimination of restrictions on mobile phone repairs Order FTC to issue rules on anti-competitive restrictions on repairs of proprietary terminals. “Technical companies impose restrictions on the repair of their products, so repairs are expensive and time consuming,” he said. This seems to be targeting Apple’s iPhone repairs. “Competition works well,” Biden said at a news conference. Fair competition has made the United States the wealthiest and most innovative country in history. That’s why people start new businesses. I’m coming to this country, “he said, signing an executive order.