Business Groups Slam Biden’s ‘Flawed’ Competition, Antitrust Executive Order

Joe Biden

President Joe Biden’s competition and antitrust executive order will harm American consumers, groups representing both large and small businesses said.

The leading groups — including the Chamber of Commerce, Job Creators Network (JCN) and the National Association of Manufacturers (NAM) — slammed Biden’s executive order, arguing that it will harm competition and present a host of challenges to small businesses. The business groups said the order is an example of big government attempting to exert control over the free market via onerous rules and regulations.

“This executive order amounts to a bizarre declaration against American businesses, from the largest to the smallest,” Small Business and Entrepreneurship (SBE) Council Chief Economist Raymond Keating said in a statement. “It’s hard to understand why a White House would go down such a path, especially as the economy is digging out from the COVID-19 disaster.”

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Review: Stephen R. Soukup’s New Book ‘The Dictatorship of Woke Capital’ Explores Big Business’ Role in Pushing Wokeness

During the 2019 shareholder season, Justin Danhof, general counsel for the National Center for Public Policy Research, tabled a shareholder proposal at Amazon’s annual meeting. “Diversity in board composition is best achieved though highly qualified candidates with a wide range of skills, experience, beliefs, and board independence from management,” it read. Uncontroversial, one might think, but Danhof was booed and heckled throughout his presentation. Afterward, a representative for Arjuna Capital (which “works with high net-worth individuals,” its website says) told Danhof that he was simply trying “to protect white males.” A representative of the Nathan Cummings Foundation (with $424 million of cash and investments, on its most recent balance sheet) made clear that Danhof was unwelcome and should hasten, lest he be late for his next Klan meeting or book burning.

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