Directs agencies to identify and propose eliminating or modifying regulations hindering competition, creating market barriers, or favoring monopolies to boost the economy. This EO mandates a review to cut regulations perceived as anti-competitive. While ostensibly promoting free markets, this directive could dismantle vital consumer, labor, or environmental protections, potentially solidifying established corporate power under the guise of competition, rather than fostering truly equitable markets for new entrants or the public.