Trump Win Could Boost Big Deals, As Tech Titans Recognize Trump Election Vicory

Benzinga 2024-11-07

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Tech leaders from Amazon, Apple, Google, Meta, and Microsoft publicly congratulated Donald Trump on his recent election victory, with many eager to repair ties strained under Biden’s antitrust-focused administration. Analysts suggest Trump’s return could relax antitrust scrutiny, potentially easing mergers and acquisitions blocked by Biden's FTC chair, Lina Khan. Venture capitalists and investment bankers anticipate increased deal activity as private equity and corporate takeovers may surge. The potential for policy relief is also sparking optimism among tech giants, with speculation he may dismiss current monopoly lawsuits.

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