Biden Has Cracked Down On Big Business Mergers And Monopolies. Are Americans Better Off Because Of It?
Biden Has Cracked Down On Big Business Mergers And Monopolies. Are Americans Better Off Because Of It? Will Kessler on February 4, 2024 The Biden administration has pursued a more aggressive antitrust approach than previous administrations, filing numerous lawsuits seeking to break up large companies and block mergers with mixed success. The administration’s antitrust action through either the Federal Trade Commission (FTC) or the Department of Justice (DOJ) has been aggressive since the president took office in January 2021, targeting tech companies like Google and Microsoft, but also airlines, e-commerce and more. Some conservatives say the crackdown will increase competition