Trump Antitrust Duo Keeps Rules From Biden-Era Deals Crackdown
Geoffrey Manne, ICLE President and Founder, was recently quoted in a Bloomberg Law story on the new leadership at the DOJ and FTC. Read full story here.
The Trump administration is engaged in a wholesale unwinding of President Joe Biden’s policy agenda — except when it comes to competition enforcement — disappointing dealmakers who had been anticipating an easier time with regulators.
Trump’s antitrust chiefs at the US Justice Department and the Federal Trade Commission said Tuesday that they will follow tougher merger review rules adopted under Biden in 2023, surprising critics who had hoped for a rollback of those requirements.
DOJ and FTC leadership sent memos to staff saying they will be keeping the rules, signaling some continuity with Biden’s stepped-up competition agenda — which drew the ire of business groups and billionaires alike.