Top Biden enforcer predicts public demand will keep his successor from completely abandoning his tough approach
Wall Street is hoping for a less tough approach but the reality could be more complex
Jonathan Kanter pushes for ‘meaningful intervention’ over concentration of power in artificial intelligence sector
Antitrust lawsuit alleges group has used its dominance to exploit fans and artists and ‘suffocate its competition’
Trial will be first big test of more assertive enforcement strategies embraced by Biden administration against Big Tech
Federal Trade Commission joins Department of Justice antitrust division in scrutiny of ‘interlocking directorates’
Plus, boutique investment bank Raine pockets a huge fee and Deutsche Bank’s chair makes his mark
Seven directors step down under pressure from justice department lawyers on ‘interlocking directorships’
US lawmakers warn a deal with private equity group could ‘shallow out’ market already gripped by critical shortages
FTC chair warns of ‘life and death consequences’ when buyout groups own broad sectors of economy
Jonathan Kanter is among a new wave of progressive competition officials ushered in by Joe Biden
Plus, the DoJ’s top antitrust enforcer sets his eye on Big Tech and Toshiba’s private equity auction kicks off to a slow start
Top US enforcer wants more scrutiny of ‘roll up’ acquisitions which build dominant market shares
Plus, corporate Britain’s latest buyout
Alternative asset managers now control $10tn in assets
Jonathan Kanter fears hollowing out of American economy amid private equity acquisition spree