The US Federal Trade Commission said it will work to reduce the impact of federal regulations on competition, following an executive order aimed at limiting the US government's so-called anti-competitive barriers. The agency said on Monday that it has launched a public investigation into federal regulations that exclude new market entrants, protect dominant existing businesses, and pre-determine economic winners and losers. The goal of the survey was to identify and reduce anti-competitive regulatory barriers. Earlier this month, President Trump signed an executive order calling for the elimination of federal regulations that reduce competition, entrepreneurship, and innovation. The US Federal Trade Commission said it will seek public comments within 40 days to better understand how federal regulations may hurt competition.

The US Federal Trade Commission said it will work to reduce the impact of federal regulations on competition, following an executive order aimed at limiting the US government's so-called anti-competitive barriers. The agency said on Monday that it has launched a public investigation into federal regulations that exclude new market entrants, protect dominant existing businesses, and pre-determine economic winners and losers. The goal of the survey was to identify and reduce anti-competitive regulatory barriers. Earlier this month, President Trump signed an executive order calling for the elimination of federal regulations that reduce competition, entrepreneurship, and innovation. The US Federal Trade Commission said it will seek public comments within 40 days to better understand how federal regulations may hurt competition.