As some mega companies eat up competitors like Pac-Man….
Prices in those markets tend to increase….
The Biden admin is looking to work against such control of major markets ….
After three years of pushing hard against some of the world’s largest companies, the Biden administration is set to accelerate several of its biggest antitrust fights in 2024 with an intense lineup of lawsuits and investigations.
The results will help shape President Joe Biden’s reelection pitch to American voters — and change the government’s relationship with Big Business, possibly for years. The high-profile investigations could lead to lawsuits next year that could change the way people buy groceries and concert tickets, rent apartments and go to the doctor….
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A look at the potential 2024 calendar shows the sweep and ambition of what Biden’s top lieutenants have been up to when challenging corporate giants — chiefly Lina Khan at the Federal Trade Commission and Jonathan Kanter at the Department of Justice.
“I think we’re going to see more new actions in terms of investigations and litigation than any prior year during the administration,” said Ryan Sandrock, an antitrust lawyer at Shook, Hardy and Bacon, and a former DOJ staff attorney. “The volume of antitrust activity is higher than at any point since I started practicing in 2003.”
Spokespeople for the DOJ and FTC declined to comment.
With Democrats potentially a year away from losing the White House, the clock is ticking on the myriad potential cases left in the hopper. Here’s a look at some of what could come in 2024….