Biden Targeting Class I Rail Mergers? Report (UPDATED)

Written by William C. Vantuono, Editor-in-Chief

President Biden on July 9 will sign an Executive Order directing federal regulators to “confront consolidation and perceived anticompetitive pricing” in the railroad and ocean shipping industries, among many others, “as part of a broad effort to blunt the power of big business to dominate industries,” according to a July 8 Wall Street Journal story by reporters Tedd Mann and Andrew Restuccia.

This content is for paid subscribers only.
Login Join Now
Tags: , ,