[9] As President, Biden appointed vocal proponents of antitrust enforcement to advisory and regulatory roles, including Tim Wu as an advisor at the NEC and Lina Khan as chairwoman of the FTC.
[2] The executive order cites research by the American Economic Liberties Project (AELP), an anti-monopoly organization, that found that the median U.S. household loses $5,000 a year from wages that are lowered as a result of a lack of competition.
[13] According to Vice, the order prohibits telecom companies from levying early elimination penalties on consumers, and urges the FCC to implement rules "that would have required ISPs include a “nutrition label” on broadband connections".
[14] According to Politico, the order marks "the most ambitious effort in generations to reduce the stranglehold of monopolies and concentrated markets in major industries", and could be interpreted as a leftward shift by the Biden administration on economic policy.
[16] Neil Bradley, who serves as chief policy officer for the Chamber of Commerce, criticized the order and accused the White House of taking a “government-knows-best approach” at the expense of American businesses.
[24] A fourth meeting of the council was held on February 1, 2023, which coincided with the Biden administration announcing new policy initiatives related to credit card fees and app market charges.