President Biden’s Antitrust Counterrevolution: Implications for Business

Yusaf H. Akbar*

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    Abstract (may include machine translation)

    The proposed changes to the way the United States handle antitrust policy enshrined in the July 2021 Executive Order (EO) issued by President Biden implies significant financial and strategic implications for corporates and their executives not seen since the 1980s. Changes to merger control policy, actions against price agreements as well measures to raise wage growth are all part of the EO and will likely be a legacy of the Biden Presidency for years to come. Among the more than seventy policy changes initiated by the EO, this article evaluates the probability of policy implementation of these policy initiatives and provides a series of options as to how companies could respond.

    Original languageEnglish
    Pages (from-to)487-506
    Number of pages20
    JournalWorld Competition
    Volume44
    Issue number4
    DOIs
    StatePublished - Dec 2021

    Keywords

    • Antitrust
    • Corporate political activity
    • Non-market strategy
    • Public policy
    • Strategic posture

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