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EO Targeting Consumer Costs

Lost_in_the_HTTP

Diamond Member
Nov 17, 2019
3,509
1,949
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"Biden's action also seeks to increase competition, make Internet broadband service more affordable and stimulate innovation and competition among tech companies.


"[A] lack of competition drives up prices for consumers. As fewer large players have controlled more of the market, mark-ups (charges over cost) have tripled," the White House said. "Families are paying higher prices for necessities -- things like prescription drugs, hearing aids, and Internet service.


"Inadequate competition holds back economic growth and innovation.""





Might be a start if the Courts don't mess it up.

 

nakedfrog

No Lifer
Apr 3, 2001
51,841
4,307
126
Huh, interesting.
Bolstering hospital price transparency rules and finish federal legislation to address surprise hospital billing.
This one could be nice. Not sure exactly what it means, but I'm thinking of a hospital visit a few years ago where I'd already set up a billing plan for all the bills a couple months after the date of service, and then six months later another bill showed up for another few hundred dollars. And for some asinine reason they couldn't just merge that bill (from the same hospital) into my existing payment plan.
 

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