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Today (7/9) President Biden is issuing an executive order that tries to address the economy’s competition problem. It directs regulators to take specific steps to reduce monopoly rents in multiple industries. Among other things, the order would:

Make it easier for generic-drug makers and Canadian providers to compete with U.S. pharmaceutical companies.

Allow Americans to buy hearing aids without a prescription (a 2017 law — signed by Donald Trump — called for that, but it still has not happened).

Require hospitals to be more transparent about billing.

Force airlines to refund money when they lose bags or when the in-flight Wi-Fi doesn’t function.

Make sure that farmers can repair their own equipment or choose who repairs it, rather than allowing manufacturers to dictate who can.

Increase federal scrutiny of tech companies’ mergers and their use of consumer data.

Restrict “noncompete clauses,” like the ones that restaurant chains and retailers use to keep workers from accepting a job at a rival.