H.R. 4869: Freedom to Compete Act of 2025

The proposed bill, known as the Freedom to Compete Act of 2025, aims to officially codify Executive Order 14267. This executive order is focused on reducing regulatory barriers that are perceived to hinder competition in various sectors of the economy. By making the executive order into law, it seeks to ensure that the guidelines and principles laid out in that order are maintained and enforced through legislative authority.

Key Provisions of the Bill

• The bill establishes that Executive Order 14267 will have the legal weight of federal law.
• It emphasizes the reduction of regulations that are considered anti-competitive, which could affect businesses or industries by making it easier for new entrants to join the market.
• The bill aligns government policy towards fostering competition, potentially impacting various regulatory frameworks across different sectors.

Objectives of the Bill

• To enhance economic competition by addressing and removing bureaucratic obstacles that might prevent businesses from operating effectively.
• To provide a clearer legal framework under which businesses can operate, potentially leading to increased investment and innovation.
• To promote a level playing field in various markets, benefiting consumers through improved services and products.

Implications

The codification of the executive order into law could lead to a shift in how regulatory bodies approach existing and future regulations. There may be a more significant emphasis on evaluating the impact of regulations on market competition. This could involve reviewing rules that are thought to be overly restrictive or designed in ways that favor certain industries or companies over others.

Relevant Companies

None found.