President Trump Revokes Biden Administration's Competition Promotion Executive Order, Moves Toward Deregulation

This is a business brief by JETRO released on August 15, 2025, regarding President Trump's shift in competition policy. President Trump has revoked the executive order on competition promotion that was advanced by the previous Biden administration, making a major shift toward deregulation policies for corporations. This policy shift is expected to ease the application of antitrust laws and regulations on corporate mergers, potentially having significant impacts on American industry. Particularly in the technology and financial sectors, this deregulation may increase business operational flexibility.