Obama administration to be more firm against antitrust complaints

Barack Obama

With the Obama administration bent upon shifting to firmer grounds in terms of antitrust complaints - a drift from 'Bush-era policies' which were contentiously "too friendly" towards companies that are market-leaders in their respective field - a few of the tech bigwigs in particular would need a rethink about their business strategies as well as expansion plans.

The administration Monday announced its earnestness with regard to a more forceful response to antitrust complaints - a move that the Justice Department said would affect all industries. Thus far, the practices of most of the tech heavyweights have not drawn as stern a response in the US as they have elsewhere.

Though the administration has not made any specific mention of the companies that may come under the scanner with the shift in the government's policy, companies like Intel and Google have apparently been under scrutiny for quite some time.

In the opinion of antitrust lawyers, a more insistent antitrust philosophy would be similar to that of the Clinton administration - while in the Clinton era the Justice Department brought 12 anti-monopoly cases outside mergers or acquisitions, the department in the Bush era brought three anti-monopoly cases involving mergers and acquisitions.

However, the administration needs to tread carefully in the direction of a stricter antitrust policy because excess of aggressiveness might just lead to stifled innovation!

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