There are going to be some profound changes in antitrust policies," predicts John Kwoka, an economics professor at Northeastern University that has periodically worked on antitrust issues with the FTC and Justice Department. "Elon Musk could end up having a larger-than-life influence on policy, and that isn't something we have seen before, where a single person whispers in the ear of the President."
Most experts expect his second administration to ease up on antitrust enforcement and be more receptive to mergers and deal-making after years of hypervigilance under Biden's watch.
The anticipated pivot stems from the widespread belief that the chief architects of the Biden administration's get-tougher stance - Lina Khan of the U.S. Federal Trade Commission and the Justice Department's Jonathan Kanter - won't be part of the Trump regime.
Trump's nomination of combative supporter Matt Gaetz to be U.S. Attorney General has thrown even more uncertainty into the game. Gaetz has previously lashed out at social media platforms' policies he claims suppress conservative views.
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