James Fontanella-Khan: “A year ago when the presidential race between Donald Trump and Kamala Harris was heating up, a veteran mergers and acquisitions adviser told me that if the Republican candidate won, many on Wall Street would eventually long ‘for the return of Lina Khan.'”
“The top rainmaker was flagging his concerns that Trump’s antitrust policies would make it even harder to get deals approved than under Joe Biden’s progressive head of the Federal Trade Commission, the U.S. competition watchdog.”
“Twelve months on, many mergers and acquisitions bankers argue that this has turned out to be the case. They say deal approvals have become more politically charged than under Khan, who was accused by bankers and lawyers in her time in office of using M&A approval procedures to influence public policy on matters beyond preserving competition.”
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