As Wu puts it, “We’re assuming this is bona fide and not Trumpified.”There’s reason to believe that this is a legitimate shift in antitrust enforcement. The last two years of the Obama administration’s antitrust agencies were very active. In 2016 alone, regulators blocked several colossal deals, including two proposed health care acquisitions, Halliburton’s attempt to buy Baker Hughes and Staples’ effort to buy Office Depot.”This kind of sentiment has been brewing in these agencies for some time,” Wu noted.Historically, antitrust law enforcement culture hasn’t directly tracked with political changes.
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