Monopoly Busters Caucus Co-Chairs Strongly Condemn Trump Administration for Abandoning Competition
August 15, 2025 – The Monopoly Busters Caucus Chairs, U.S. Representatives Pramila Jayapal (WA-07), Chris Deluzio (PA-17), Pat Ryan (NY-18), and Angie Craig (MN-02), released the following statement strongly condemning President Trump for revoking the Executive Order on Promoting Competition in the American Economy, which had established a whole-of-government federal policy to address the harmful effects of market concentration across various sectors.
“We strongly condemn the decision to revoke the executive order on competition, a move that green lights more consolidation and signals to corporate America that they can continue padding their pockets at the expense of working people without fear of government intervention. This action proves that ‘make America competitive again’ was just a hollow slogan. President Trump can’t claim to care about competition while systematically dismantling the very tools designed to prevent concentration of power and monopolies in the hands of the very few largest players.
“The executive order made competition a national priority and gave agencies the mandate they needed to challenge corporate gatekeepers in every corner of the economy, from Big Tech’s control over our data to hospital mergers that inflate healthcare costs. It was a commitment to use the power of the government to fight for the people who are tired of paying more for prescriptions, getting hit with surprise airline junk fees, having their right to repair a simple tractor or smartphone stripped away, or trying to run a small business that competes on an uneven playing field.
“By gutting this policy, the administration is actively choosing to return to a status quo where the biggest corporations dictate the terms of our lives. The consequences of this decision will be felt when small businesses close and as people spend more, get less, and earn less – all so that billionaires can have more.
“Competition is the cornerstone of a thriving economy. We will continue to champion legislation and policy that breaks up monopolies, protects people and small businesses from abuse, and makes markets work for everyone.”
Issues: Science, Technology, & Antitrust