As the Biden Administration continues to aggressively enforce antitrust laws, particularly against Big Tech companies, the future of antitrust enforcement may hinge on the outcome of the upcoming elections. Major cases have been initiated by the Federal Trade Commission (FTC) against Amazon and Meta, alongside Department of Justice (DOJ) actions against Google and Apple, reflecting a robust approach to competition regulation [2d6704d2].
However, should a second Trump administration take office, significant changes could be on the horizon. The direction of antitrust enforcement would likely depend on new leadership at the DOJ and FTC, potentially leading to the replacement of Lina Khan, the current FTC Chair, who has been a pivotal figure in the Biden administration's antitrust strategy [2d6704d2]. This shift could result in a reversal of Biden's Executive Order promoting competition, which has been instrumental in shaping the current regulatory landscape [2d6704d2].
Moreover, there are concerns that collaboration with European competition authorities, a hallmark of the Biden administration's approach, could be curtailed under Trump, emphasizing a focus on maintaining U.S. leadership in artificial intelligence (AI) development [2d6704d2]. As investigations into tech giants like Microsoft and Nvidia by the FTC and DOJ continue, there are fears that a change in administration could stifle innovation and alter the competitive dynamics of the tech industry [2d6704d2].