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The program of move for the FCC to restore political neutrality i just found great attractions. White House just announced President Joe Biden has signed a new document today that sets out “every effort by the government to promote competitiveness in the American economy.” In other words, it is tackling controversy over a variety of companies, including the internet and technology.
The law contains 72 views and actions, stating that “the President urges the FCC to reinstate the neutrality laws that were amended by those who presided over them.” It also called on the council to consider setting up a temporary suspension fund and preventing internet service providers from negotiating with homeowners who block elections. In addition, it urged the FCC to revive The Broadband Nutrition brand was developed under the auspices of Obama This can provide a great reflection on the price.
The law also highlighted how “over-the-counter technology companies are disrupting competition and reducing efficiency,” and announced the principles for the integration of integrated monitoring services. It will focus on “major online platforms,” especially around “competitor availability, unique integration, data volume, competition and” free “content, as well as those that affect user privacy.”
As part of Big Tech’s fight against the law, the law called on the Federal Trade Commission to “establish rules for monitoring and data collection,” as well as to ban “unfair competition in online markets” and “ban on the use of self-employment in stores or DIY equipment. yours and your weapons. ”
In some industries, such as banking and finance, the system also requires a comprehensive review. It also urged the Consumer Financial Protection Bureau (CFPB) to “issue regulations that allow customers to lower their bank deposits and take them away.”
Similar considerations on price transparency, consumer rights, over-assessment and the avoidance of excessive fines exist in all other industries. For example, in the case of agriculture, the law also stated the need to give consumers the right to repair tractors and their implements.
The medical team’s efforts include allowing for hearing aids to be sold over the counter, supporting pricing regulations, preventing sudden hospital payments and establishing a mechanism in the National Health Insurance Market to facilitate easy sales. In the aviation sector, airplanes are the most sought after. The Act requires transparency and disclosure rules, changes and deductions, as well as the best advice on how a company should reimburse for delays in goods or services (such as WiFi flights or entertainment).
When the law is signed tomorrow, regulators will have more work to do. It is not uncommon for all of the ideas announced here to be possible, but it is a clear indication that the Biden team is focusing on competition issues, lack of transparency in a number of industries and other unfair practices.
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