Search Results for keywords:"competition impact"

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Search Results: keywords:"competition impact"

  • Type:Presidential Document
    Citation:90 FR 16447
    Reading Time:about 5 minutes

    The Executive Order titled "Restoring Common Sense to Federal Procurement" aims to simplify and streamline the Federal Acquisition Regulation (FAR), the set of rules governing how the Federal Government buys goods and services. The President has directed that within 180 days, agencies should revise the FAR to remove unnecessary rules, making it more effective and efficient. The goal is to create a procurement system that is less bureaucratic and more aligned with the national interest. Any provisions in the FAR that are not required by law and do not enhance the system's functioning may be eliminated or set to expire within four years unless reviewed and renewed.

    Simple Explanation

    The President has made a new rule that aims to make it easier for the government to buy things it needs, like toys and tools, by removing old and unnecessary rules and making it simpler and quicker. This means they are cleaning up the rulebook to ensure buying things is fair and smart for everyone and double-checking every few years to keep things in good shape.

  • Type:Notice
    Citation:86 FR 4154
    Reading Time:about 10 minutes

    The New York Stock Exchange (NYSE) has proposed a rule change to eliminate the cap on the fee discount provided to certain investment management entities and their eligible portfolio companies. Previously, there was a maximum limit on the discount, which created unequal fee outcomes for similar companies. By removing this cap, all qualifying companies will uniformly receive a 50% annual fee discount without a maximum limit, promoting fairness and consistency. The change is expected to have minimal impact on overall competition, as only a small percentage of companies qualify for this discount.

    Simple Explanation

    The New York Stock Exchange wants to change its rules so that certain companies can get a bigger discount on their fees without a limit, helping them all equally. This should be okay because not many companies will qualify for these discounts.

  • Type:Notice
    Citation:90 FR 14312
    Reading Time:about 14 minutes

    The Cboe EDGX Exchange, Inc. submitted a proposal to the Securities and Exchange Commission (SEC) to amend its fee schedule related to logical port fees. The changes involve increasing the monthly fees for various types of ports, including logical ports, spin ports, and bulk quoting ports. The Exchange believes the fee adjustments align with those of similar exchanges and will help improve its market technology and services without burdening competition. The proposal is open for public comments on the SEC's website until April 21, 2025.

    Simple Explanation

    The Cboe EDGX Exchange is telling the government about its plan to charge more money for using their special tech tools to do business, and they think it's fair because other places charge the same. People can tell the government if they think it's a good idea or not until April 21, 2025.

  • Type:Notice
    Citation:90 FR 11868
    Reading Time:about 7 minutes

    On January 22, 2025, Jefferson Partners, L.P., which operates as Jefferson Lines, applied to acquire the assets of Karst Stage, Inc., another passenger bus company. The Surface Transportation Board is tentatively approving this move, allowing Jefferson to continue its operations under a new company, Karst Stage, LLC, while maintaining separate identities but sharing management tasks. The approval is contingent on no opposing comments being filed by April 28, 2025. Jefferson argues this transaction will improve service and efficiency without harming competition or employee interests.

    Simple Explanation

    Jefferson Lines wants to buy another bus company called Karst Stage but promises that riders and employees won't notice big changes. The people in charge are okay with it, as long as no one complains before April 28, 2025.

  • Type:Notice
    Citation:89 FR 106700
    Reading Time:about 21 minutes

    Cboe EDGX Exchange, Inc. has proposed a change to its fee schedule, specifically increasing the cost of 10 gigabit (Gb) physical connectivity ports from $7,500 to $8,500 per month. This fee adjustment is intended to support the maintenance and improvement of market technology and services while staying competitive compared to fees charged by other exchanges. The proposed change is also meant to reflect inflation and investments the Exchange has made since the last fee adjustment in 2018. The Securities and Exchange Commission is seeking public comments on this proposal until January 21, 2025.

    Simple Explanation

    Cboe EDGX Exchange wants to raise the price for a type of internet connection used in trading from $7,500 to $8,500 each month, to help keep their technology up-to-date and cover costs. They are asking people to share their thoughts about this price change before making it final.