President Trump has revoked a key Biden administration competition policy, marking another step in his systematic dismantling of his predecessor’s economic agenda.
In a declaration issued on August 13, 2025, Trump officially rescinded Executive Order 14036, “Promoting Competition in the American Economy,” which Biden had signed in July 2021. The move represents the latest in Trump’s aggressive campaign to roll back Biden-era regulations that his administration has characterized as bureaucratic overreach.
Competition Order Scrapped
The original order, which stated that “a fair, open, and competitive marketplace has long been a cornerstone of the American economy,” had directed federal agencies to combat excessive market concentration. Biden’s administration had framed the measure as protection for workers, small businesses, and consumers against corporate monopolies.
Trump’s revocation was notably brief, containing just the essential language: “Executive Order 14036 of July 9, 2021 (Promoting Competition in the American Economy), is hereby revoked.” The order includes standard provisions clarifying that it “is not intended to, and does not, create any right or benefit” enforceable against the United States.
What’s behind this sweeping change? The Trump White House has positioned these revocations as necessary corrections to what it views as regulatory overreach. In a January 2025 statement, the administration promised that “the revocations within this order will be the first of many steps the United States Federal Government will take to repair our institutions and our economy.”
Pattern of Reversals
This revocation doesn’t stand alone. It’s part of a broader effort to unwind Biden’s executive actions since Trump retook office in January. Within weeks of his inauguration, Trump had already begun systematically dismantling his predecessor’s policy framework.
The pace of these reversals has been stunning. According to records, by January 22, 2025, Trump had already revoked 67 of Biden’s 162 executive orders — representing a remarkable 41% of Biden’s executive policy agenda.
Business groups that had opposed the competition order are likely to welcome its demise. Critics of the original policy had argued it created unnecessary regulatory burdens that stifled economic growth and innovation.
Yet consumer advocates and progressive economists have expressed alarm. Without the competition framework, they argue, ordinary Americans may face less leverage against increasingly consolidated industries ranging from tech and pharmaceuticals to agriculture and transportation.
Looking Forward
“This is just the beginning,” said one senior administration official who requested anonymity to discuss ongoing policy plans. The official indicated that further reversals of Biden-era regulations are already in the pipeline.
The Department of Justice, which will bear the publication costs for the revocation, declined to comment on specific enforcement priorities going forward.
For now, federal agencies that had developed competition initiatives under the Biden framework must reassess their priorities. The question remains whether four years of regulatory efforts aimed at boosting competition will leave any lasting impact, or if Trump’s systematic dismantling will effectively reset the economic landscape to pre-Biden conditions.
