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The Trump administration's antitrust policy, led by Gail Slater and Andrew Ferguson, shows continuity with Biden's approach while adopting a more targeted enforcement strategy. They emphasize protecting workers from harmful practices like noncompete clauses and maintaining consumer welfare, focusing on evidence of anticompetitive conduct rather than market share alone. This shift aims to ensure that successful companies are not penalized without clear justification.
Alphabet is set to acquire Israeli startup Wiz for $32 billion, marking its largest deal to date, as it aims to enhance its cybersecurity offerings within the cloud computing sector. The acquisition, expected to close in 2026 pending regulatory approvals, will allow Wiz to continue serving clients across various cloud platforms, addressing potential antitrust concerns. Despite Alphabet's stock dip, analysts suggest the high price reflects Wiz's significant growth and the increasing demand for cybersecurity solutions.
Google's acquisition of Israeli cybersecurity firm Wiz was finalized for $32 billion, significantly higher than its initial $23 billion offer, following a shift in the U.S. administration that eased antitrust concerns. The deal included a rare breakup fee exceeding $3.2 billion, reflecting Wiz's impressive revenue growth. Key executives from both companies played crucial roles in navigating the negotiations amid regulatory scrutiny.
A new lobbying scandal in the European Parliament has emerged, with police raids linked to allegations of bribery involving Huawei. Investigators are focusing on 15 current and former MEPs, with several arrests made and offices sealed. Huawei has stated it takes the allegations seriously and is committed to cooperating with the investigation.
Donald Trump is considering appointing Gail Slater, a key aide to vice-president-elect JD Vance, to lead the Department of Justice’s antitrust unit, signaling a tough enforcement approach against Big Tech. This move aligns with a growing populist sentiment among Republicans advocating for aggressive antitrust actions, similar to those of the Biden administration. Other contenders for leadership roles at the FTC include Melissa Holyoak and Mark Meador, with varying views on antitrust policy.
Andrew Ferguson
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trump administration adopts targeted antitrust approach while maintaining some continuity
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10:30 31.03.2025
Alphabet acquires Israeli startup Wiz for 32 billion dollars in cash
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09:58 19.03.2025
google finalizes 32 billion acquisition of wiz after regulatory shifts
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05:46 19.03.2025
new bribery allegations surface in european parliament involving huawei
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07:00 14.03.2025
Trump considers tough antitrust leader for Department of Justice team
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00:08 28.11.2024
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