It has been a landmark year for antitrust. President Biden set the tone for a ramp-up in scrutiny in his Feb. 8 State of the Union address, as he called on Congress to target “big online platforms” through restrictive antitrust legislation. While congressional action has stalled, the Federal Trade Commission (FTC) and Department of Justice (DOJ) have heeded the president’s call, introducing major proposed reforms in antitrust enforcement policy and announcing a renewed focus in regulating key and emerging industries.

In the face of these strong headwinds, big tech enjoyed a major victory this year—a sign that perhaps the courts, at least for now, are reticent to co-sign the aggressive approach adopted by the agencies. Here’s a recap of the major events of 2023 and developments to look for in 2024.

The FTC Proposed a Ban on Non-Competes