Biden Administration's Antitrust Moves

The Biden administration has adopted a more aggressive approach to antitrust enforcement, particularly in favor of labor, addressing long-standing declines in labor participation in economic returns. This shift recognizes that antitrust laws apply equally to labor and consumers, making efforts to bolster labor crucial. Another significant point is the revision of merger guidelines that were perceived as insufficiently strict, which is seen as a positive development. Specific actions against major tech companies, particularly in the cases involving Google and Facebook, have also been highlighted as appropriate responses to anti-competitive practices.