The Biden administration used antitrust powers against mergers, while the market faced shocks from tariffs and oil price fluctuations.
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Updated oct 9
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What happened
The Biden administration used antitrust powers against mergers, while the market faced shocks from tariffs and oil price fluctuations.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Donald Trump has ended antitrust enforcement, leading to a boost in corporate market power.Sub-event
- Trump feuds with the central bank over rates, while SCOTUS rules he can fire FTC officials.Sub-event
Biden administration uses antitrust powers against mergers amid tariff and oil price shocks.1 source
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The entities involved
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Joe Biden
46th President of the United States (2021–2025)
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Federal Trade Commission
United States federal government agency
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)