United States of America: President signed Executive Order revoking Order on promoting competition in the American economy

On 13 August 2025, the President of the United States issued an Executive Order revoking Executive Order 14036 of 9 July 2021 on promoting competition in the American economy. The Executive Order 14036 provided for increased regulatory oversight of mergers involving large technology companies, including serial acquisitions, acquisitions of emerging competitors, and transactions resulting in significant data accumulation, with consideration of their potential effects on user privacy. It encouraged the Federal Trade Commission to develop rules addressing unfair competition in online markets, reinstate net neutrality rules, and regulate surveillance and data collection practices. The order also established the White House Competition Council to support competition initiatives across government agencies. The repeal states that it does not affect powers granted by law to federal entities or the Office of Management and Budget, and must be implemented in compliance with applicable laws and available funding.