Reducing Anti-Competitive Regulatory Barriers

Federal regulations should not predetermine economic winners and losers; the order targets anti-competitive regulations that limit competition and entrepreneurship.

Defines agency and agency head by cross-referencing the Paperwork Reduction Act definition, limiting which officials must comply with the order.

Agency heads review regulations within 70 days to identify those creating monopolies, entry barriers, or anti-competitive effects.

Standard boilerplate: preserves existing agency authority, conditions the order on appropriations, and creates no enforceable private rights.