Biden's Regulatory Overreach Hinders Growth

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grocery store merger

Fox News

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Business

Business & Economics

Business experts say Biden regulations have stifled growth: 'America wants a different choice'

Summary

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80% Informative

Biden administration's aggressive regulatory stance towards big businesses has stymied growth, entrepreneurs, venture capitalists and other business sector experts say.

Albertsons abandoned its $25 million merger with fellow grocery store chain Kroger , after the FTC sought to challenge the buyout, arguing it would stifle competition and raise prices.

" America wants a different choice," said Cardone Capital CEO Grant Cardone .

An analysis found that under Biden , the vast majority — nearly three-quarters — of all transactions in which the government sought more details from companies about a proposed merger were subject to enforcement action.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful