Biden targets big tech in executive order aimed at anti-competitive practices

Capitalism without competition is exploitation', president said while denouncing era of business monopolies

Joe Biden has signed an executive order targeting anti-competitive practices across the economy that could have major ramifications for America's largest tech companies.

Friday's order is the latest of Biden's actions on anti-trust issues, which have pleased progressives pushing for more action on corporate power - particularly among big tech companies - for years.