Will the antitrust showdown launched under Biden turn into ‘Let’s Make A Deal’ under Trump?

Antitrust Showdown: Biden vs. Trump

SAN FRANCISCO (AP) — The U.S. antitrust watchdogs that pounced on Big Tech and deterred corporate deal making throughout President Joe Biden’s administration may be kept on a shorter leash by Donald Trump after he returns to the White House next year. Although regulators began cracking down on tech powerhouses such as Google and Facebook during Trump’s first term as president, most experts expect his second administration to ease up on antitrust enforcement and be more receptive to mergers and deal-making after years of hypervigilance under Biden’s watch. One of the biggest reasons underlying the anticipated pivot stems from the widespread belief that the chief architects of the Biden administration’s get-tougher stance — Lina Khan of the U.S. Federal Trade Commission and the Justice Department’s Jonathan Kanter — won’t be part of the Trump regime.