On August 13, 2025, President Donald Trump signed an executive order repealing predecessor Joe Biden’s July 2021 executive order “Promoting Competition in the American Economy.” The Biden order called for greater enforcement of antitrust laws and other efforts to limit market concentration. The Biden order codified an approach to antitrust policy popularized by Biden's Federal Trade Commission (FTC) Chair Lina Khan and head of the Justice Department’s Antitrust Division Johnathan Kanter. The result was a flurry of antitrust suits seeking to block mergers and acquisitions in businesses...
