Ensuring a Fair and Competitive Marketplace

President Obama discussed the importance of fair competition in the marketplace. The principle of fair competition isn’t a Democratic or a Republican idea – it’s an American idea.

Over the past eight years, the Obama Administration has taken many actions to keep the marketplace fair, including: defending a free, open, and accessible internet; cracking down on conflicts of interest by making sure professionals who give retirement advice do so in the consumer’s best interest; and – just this week – standing up for beef, pork, and poultry growers when they’re treated unfairly. The President believes our free-market economy only works when there’s competition and rules are in place to keep it fair, open, and honest. That’s what this is all about – ensuring that everyone has a chance to compete by leveling the playing field and keeping the rules clear and consistent. President Obama defended his network neutrality legacy: "My administration has done a lot to keep the marketplace fair. We defended a free, open, and accessible internet that doesn't let service providers pick winners and losers."