Investors expect an antitrust 'sea change' under Trump. Legal experts aren’t so sure.
Published On Nov 7, 2024, 5:00 AM
Investors are optimistic about a potential shift in antitrust enforcement under President Trump, hoping for a more lenient approach that could benefit large corporations currently facing regulatory scrutiny. While stocks of companies like Capital One, Google, and Amazon rose following the election, legal experts warn that the actual changes may not be as drastic as anticipated. Some believe Trump may press forward with existing investigations into Big Tech, implying that a shift in strategy is uncertain. Trump's prior administration initiated several antitrust cases, setting the tone for potential continuity rather than a complete overhaul.
Stock Forecasts
COF
Positive
The rise in stocks for companies under antitrust scrutiny suggests a market sentiment favoring deregulation under Trump. However, the mixed opinions among legal experts suggest cautious optimism, as existing investigations may continue rather than pause.
GOOGL
Positive
Tech stocks are likely to see continued volatility as the sentiment around regulatory risks remains uncertain, particularly for companies like Google and Amazon, which may face ongoing scrutiny despite a potential softer enforcement approach.
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