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Illustration: Rae Cook/Axios

President Biden is setting the federal government's sights on the power of Big Tech and Big Telecom in a competition order that will urge more regulation and enforcement against the sectors.

The big picture: The new executive order, expected to be signed Friday, includes over 70 initiatives aimed at promoting competition in areas of the economy the Biden administration finds a troubling amount of concentration — including technology markets.

Details: According to a White House fact sheet, the order takes aim at Big Tech by ...

  • Encouraging the Federal Trade Commission to adopt new rules on the accumulation of personal data, and banning unfair methods of competition on online marketplaces (with the White House calling out platforms' developing copycat products to compete with small business).
  • Adopting a policy of giving greater scrutiny to mergers by dominant online platforms, focusing on those involving smaller competitors, "serial mergers," data accumulation, the effect on privacy and competition of free products.

The White House also wants internet service providers to offer a "broadband nutrition label" detailing their internet packages to give consumers more transparency when they're buying service.

  • The executive order will encourage the FCC to reinstate net neutrality rules prohibiting the blocking, throttling or paid prioritization of web traffic that were repealed by President Trump's FCC.
  • Other initiatives meant to save consumers money on their internet bills includes banning "excessive" early termination fees and ending exclusivity arrangements in apartment buildings in which landlords give tenants only one option for an internet provider.

Flashback: Both net neutrality and the broadband labels were policy proposals spearheaded by the FCC under President Obama.

What's next: Biden will give remarks about the executive order at a signing ceremony Friday afternoon, according to the White House.

  • FCC commissioners were among those invited to attend the event.

Go deeper: More highlights from the order

Editor's note: This story has been updated to include additional details from the White House on the executive order.

Go deeper

Amazon's e-commerce bill bind

Illustration: Shoshana Gordon/Axios

Amazon must decide whether to go it alone in the fight against a bill meant to deter online sales of counterfeit and stolen goods, after its e-commerce peers Etsy and eBay threw their support behind updated House legislation set for a Thursday hearing.

Between the lines: The fierce and unanimous opposition from online marketplaces has splintered, potentially easing the path forward for the latest legislation.

Biden to meet with Pope Francis to discuss COVID and climate change

President Biden and Pope Francis meeting in 2016. Photo: Giuseppe Ciccia/NurPhoto via Getty Images

President Biden will meet with Pope Francis in Vatican City later this month, the White House said Thursday.

Why it matters: At the Oct. 29 meeting, the pair will discuss "ending the COVID-19 pandemic, tackling the climate crisis, and caring for the poor," according to the White House.

Updated 15 mins ago - Politics & Policy

Scoop: Trump’s friends worry legal pick for N.Y. case lacks experience

Photo illustration: Sarah Grillo/Axios. Photo: Brandon Bell/Getty Images

Close associates and advisers to Donald Trump tell Axios they're concerned by his decision to use a relatively inexperienced New Jersey attorney, Alina Habba, in his high-stakes legal fight against New York Attorney General Letitia James.

Why it matters: A former president typically has access to the country's most prestigious experts, including lawyers. Trump has turned to the former general counsel for a parking garage company, who works from a small law office near his Bedminster, N.J., country club.