The Federal Trade Commission, the U.S. government’s consumer protection and competition agency, has launched a public inquiry into how federal regulations impact competition. The move follows an Executive Order from President Trump aimed at reducing anti-competitive regulatory barriers and revitalizing the American economy. The FTC seeks to identify and eliminate regulations that block new entrants, shield dominant companies, and unfairly determine economic winners and losers. Through a Request for Information (RFI), the agency invites consumers, workers, businesses, start-ups, investors, and academics to comment on regulations that harm competition. “Regulations that reduce competition, entrepreneurship, and innovation can hamper the American economy,” said FTC Chairman Andrew N. Ferguson. “These need to be eliminated or modified to revitalize a competitive market.” Furthermore, Ferguson emphasized the importance of ensuring that regulatory frameworks promote growth rather than entrench incumbents.
Additionally, the FTC clarified that comments submitted to the U.S. Department of Justice Anti- Competitive Regulations Task Force that address similar issues do not need to be resubmitted. Public comments must be filed through Regulations.gov by May 27, 2025, and will be publicly posted. Beyond seeking public feedback, the FTC reiterated its broader mission to promote competition, protect consumers, and uphold fair market practices. It urged individuals to stay vigilant, reminding them that the agency never demands money, issues threats, or promises prizes. The agency’s approach signals a renewed commitment to ensuring that regulations do not stifle open and fair competition across all industries.
