Much has been said and written about President Joe Biden’s Friday Executive Order.
The fact that Biden thinks he can change policy via unilateral action imposed by fiat — affecting this much of our nation’s economy and life — is a lot of what is wrong with the government.
The Biden Administration has dubbed it “The Competition Order.”
The media is, of course, backing Biden’s wordplay.
“Biden’s order includes 72 initiatives that take aim at very specific practices the White House wants changed.”
Some of these unilateral demands are highly granular. (Forcing Apple to allow non-Apple iPhone repairs?) Perhaps Congress should be involved — you know, writing legislation. Rather than what we have now — an addled man issuing diktats.
And here’s where the media narrative goes completely off the rails.
In fact, Big Tech is the only guaranteed winner in Biden’s order.
The order “targets Big Tech” alright. But the negatives are nebulous at best:
“The order also expands Biden’s assault on Big Tech companies such as Amazon and Facebook. It establishes an administration-wide policy to scrutinize mergers more heavily, including completed mergers. It zeroes-in on so-called ‘killer acquisitions’ involving nascent competitors, the kind of deal critics say Facebook engaged in when it bought Instagram and WhatsApp.
“It takes aim at a key Silicon Valley business model: The collection and use of large amounts of consumer data, and the incentive for tech companies with multiple lines of business to cross-promote their own services at the expense of competition.”
But these sections are highly vague — to be enforced by many bureaucrats Biden
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