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circle of pawns whose shadow makes one king The executive order targets three sectors where the administration believes consolidation has led to higher prices — agriculture, technology and drugs.

(Bloomberg) –Joe Biden’s vow to take on the U.S. economy’s most dominant companies faces a monumental task: combating years of consolidation that have left industry after industry controlled by a handful of firms.

The executive order the president signed Friday puts the weight of the federal government behind a sweeping effort that will target everything from airline baggage fees to soaring prescription drug prices.

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