The Federal Trade Commission expressed concern that the $25 billion merger of Kroger and Albertsons would restrict job options for workers and reduce their unions' clout to negotiate higher wages, criteria that usually had been beyond the scope of merger reviews. Photos: jetcityimage/Adobe Stock/melissamn/Shutterstock.com Trump Likely to Keep Up Antitrust Enforcement, but Dial Back the Antagonism
"I would expect there'll be less aggressiveness. This administration has been hyper-aggressive. Even if you dial it back to a normal level, that'll be a change," corporate governance expert Charles Elson said.
November 07, 2024 at 01:54 PM
5 minute read
The original version of this story was published on Corporate Counsel
Dealmakers and business leaders should not expect Donald Trump during his second presidential administration to retreat from aggressive antitrust enforcement, but they may see relief from some of the Biden administration enforcement tactics they found especially aggravating.
While Trump's rhetoric about excessive regulation and government waste might seem to foreshadow a more hands-off approach to business competition, the Department of Justice and the Federal Trade Commission's antitrust record during his first four years in the White House suggests otherwise, legal observers said.
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