Saul Loeb via AFP/Getty Images
- Joe Biden’s administration is going after big corporations with antitrust lawsuits.
- It’s an aggressive approach that makes Biden stand out compared to his predecessors.
- High-profile cases include Live Nation, Google, Apple, Amazon, Meta, Microsoft, OpenAI, and others.
President Joe Biden is really leaning into his pro-labor image.
The Biden administration has launched investigations and antitrust lawsuits against several mega corporations, many in the tech sector, that it accuses of behaving like monopolies — and it’s setting him apart from his predecessors.
“This is definitely a different agenda than previous presidents,” Rebecca Allensworth, an antitrust expert at Vanderbilt University, told Business Insider. “I think that Biden is saying … consolidation and the power that large companies have gotten over the last 20, 30 years isn’t good for the American consumer or for Americans in general. I think it’s very much a deliberate attempt to take away on some of that market power that these big corporations have accumulated.”
Big Tech leaders, even those who are typically aligned with Democrats, are not happy about it. Some have urged . Signal provided upon request.