Data on Biden's tough antitrust stance paints subtler picture

US antitrust authorities have publicly decried the growth of dominant companies and have announced initiatives to increase merger enforcement and conduct more rigorous merger reviews. But looking behind the rhetoric to the data shows that enforcement may not be increasing as much as companies may fear—at least not yet.

What we are seeing, however, are administrative and substantive changes that are leading to longer and more burdensome reviews.

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