Will Antitrust Showdown Turn Into ‘Let’s Make A Deal’?

November 17, 2024 6:15 am

SAN FRANCISCO (AP) — The U.S. antitrust watchdogs that pounced on Big Tech and deterred dealmaking throughout corporate America during President Joe Biden’s administration may be tamer and kept on a shorter leash by President-elect Donald Trump after he returns to the White House next year. Although regulators began to crack down on Google and Facebook during Trump’s first term as president, most experts are expecting his second administration to ease the Biden-era crackdown that resulted in additional cases targeting Apple and Amazon as abusive monopolies. And the Trump administration is expected to clear be more receptive to big businesses becoming bigger after the hypervigilance of Biden’s antitrust team squelched many deals from getting done.