The change in administration is also going to bring a change in antitrust policy, something that (unlike economic stimulus) can happen relatively quickly.Wall Street Journal, February 12, p. B2:
Two Democrats in Congress called on the Justice Department Wednesday to block the merger of Live Nation Inc. and Ticketmaster Entertainment Inc., an early salvo in what promises to be a test of the Obama administration's effort to strengthen antitrust enforcement. …The folks at Ticketmaster may be rapacious, but they’re not stupid. Look for them to frantically make concessions — particularly those that these grandstanding politicians can trumpet as helping the “little guy” — in hopes of saving the deal.
Christine Varney, President Obama's pick to head the Justice Department's antitrust division, is a former commissioner at the Federal Trade Commission with a reputation for favoring tough enforcement.