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US DOJ to 'recalibrate' antitrust enforcement after Trump revokes competition memo

( August 13, 2025, 22:29 GMT | Official Statement) -- MLex Summary: The US Department of Justice’s Antitrust Division saluted President Donald Trump's decision to revoke an executive order from 2021 on promoting competition in the US economy, and said the division will use this opportunity to continue its work to "recalibrate and modernize" the federal approach to competition policy to suit the needs of a dynamic and innovative economy. "Instead of an overly prescriptive and burdensome approach, the Division commends the Administration for promoting competition via tailored executive orders that call for lowering drug prices and opening regulatory barriers to competition," the DOJ said in a statement.Statement follows...

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