Federal Trade Commission’s New Rules

B2 – Upper Intermediate

The US administration is cracking down on anticompetitive practices of big tech companies. President Biden has signed a new executive order calling the Federal Trade Commission to adopt new rules. This could give small businesses an edge.

Read about the details on how the executive order could affect small businesses.

https://www.inc.com/amrita-khalid/biden-executive-order-noncompete-hiring-competition.html

Discussion Questions:

  1. How may the order affect startups and small businesses?
  2. What are your thoughts on the new order restricting noncompete clauses?
  3. Do you think it is a good idea to remove some occupational licensing requirements? Why or why not?
  4. What do you think of big online retailers like Amazon not being able to use sales data on third-party-sellers’ goods to launch competing products anymore?
  5. How is the competition in procurement and spending decisions like for small businesses in your country?
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