
Biden encourages all departments to go all in on increasing competition, Will Craiglist decline create opportunity for NextDoor?, Will public notification of facial recognition deter shoppers?
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An unusually assertive Biden who noted that this 40-year “experiment” has failed. “Capitalism without competition isn’t capitalism,” he proclaimed at the signing of the executive order. “It’s exploitation.” It remains to be seen if real changes will occur but this is the first time in recent memory that a President has made it clear that the whole of the executive branch is responsible for increasing competitiveness.
Craigslist has seen a decline of almost 50% over the past 3 years with much of that loss going to Facebook Marketplaces. Can Nextdoor take advantage of this?
NYC…
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