During his weekly address, U.S. President Barack Obama says ''fair competition'' is key to keep America's businesses thriving. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) STORY: In this week's address to the nation, U.S. President Barack Obama spoke about the importance of fair competition. "To keep America's economy growing and America's businesses thriving, we need to protect the principle of fair competition," Obama said. The president listed actions his administration has done to keep the marketplace fair. "This week, my Department of Agriculture took major steps to protect farmers from unfair treatment by bigger processors," he said. "This month, the FDA started taking steps to make hearing aids more affordable for more than the nearly 30 million Americans suffering from the frustration of hearing loss," said Obama. "Finally, it's this principle of competition that's at the very heart of our health reform. In fact, it's the reason we call it the Affordable Care Act; it makes insurance companies compete for your business, which is helping millions afford the care that helps them get and stay healthy," said Obama.