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The Biden administration is expected to take a tougher stance against acquisitions than President Trump’s while continuing a recent flurry of antitrust cases against Big Tech.
“Antitrust law and policy are poised for a course correction,” says Andrew Gavil, an antitrust expert at Howard University School of Law. “The degree of that correction remains to be seen and will be influenced by both politics and the composition of the courts.”
Trump’s antitrust regulators, led by Assistant Attorney General Makan Delrahim, loudly tried stopping AT&T from acquiring Time Warner in 2017—only to suffer a stinging defeat in court. Overall, however, Trump’s Justice Department made 19% fewer requests for data about mergers—which delay closings to allow regulators to take a closer look—and filed 18% fewer cases to block mergers than … Read More