U.S. President-elect Donald Trump is mulling naming Gail Slater, a top aide to Vice President-elect J.D. Vance, to lead the U.S. Department of Justice’s antitrust unit, the Financial Times’ Stefania Palma and James Fontanella-Khan reported Wednesday, citing people familiar with the matter. Slater, who was seen earlier this month as a frontrunner to lead the FTC, is viewed as an aggressive enforcer, and her nomination would signify the incoming administration’s support for a tough enforcement stance, the authors note. Publicly traded companies currently involved in antitrust disputes include Microsoft (MSFT), Alphabet (GOOG) (GOOGL), Apple (AAPL), Amazon (AMZN), and Meta (META).
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSFT:
- FTC probe into Microsoft ‘much more bark than bite,’ says Wedbush
- Amazon Plans Huge AI Spends to Stay in the Race with Big Tech
- After Disappointing Guidance, I’m Increasingly Bearish on Crowdstrike
- Microsoft (MSFT) Targeted in U.S. Antitrust Case
- FTC opened antitrust investigation into Microsoft, Bloomberg reports