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These companies had regulatory headaches. Then came Trump.
- The Trump administration has been dropping regulatory cases against major businesses, benefiting companies like Coinbase and Robinhood in the crypto industry.
- Antitrust enforcement against tech giants is expected to continue under the current DOJ, while a reevaluation of business regulations is underway.
- Some corporations, such as SpaceX, have seen federal cases or probes being dropped, showing a shift in regulatory priorities.
- The Justice Department planned to drop a lawsuit against SpaceX, accusing the company of discriminatory hiring practices, later dismissed by federal judge.
- Coinbase celebrated the end of a two-year SEC lawsuit, hinting at a lighter regulatory approach towards crypto under a potential second Trump term.
- OpenSea and Robinhood also saw investigations being closed by the SEC, signaling a favorable environment for the crypto and financial industries.
- These regulatory decisions indicate a new direction in business oversight, with a mix of dropped cases and continued antitrust enforcement against major tech companies.
- Expectations are high for ongoing antitrust lawsuits against companies like Google, Amazon, Meta, and Apple, as Biden's previous actions set the stage for continued scrutiny.
- The FTC and DOJ are closely monitoring various antitrust cases, with trials and decisions pending for several key industry players.
- The evolving regulatory landscape under Trump's administration underscores the significant impact on businesses across different sectors and highlights the shifting priorities in enforcement strategies.
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