Reported about 1 month ago
As companies evaluate potential mergers, uncertainty looms over antitrust enforcement with the presidential election approaching. Major firms like Qualcomm and ConocoPhillips are hesitating to finalize deals amidst differing expectations on regulatory approaches from candidates Kamala Harris and Donald Trump. Both candidates might adopt strict stances on mergers, with Harris likely continuing Biden's policies and Trump having a mixed history of antitrust enforcement. This political climate leaves businesses in a difficult position, unsure of future regulations that could impact their merger and acquisition activities.
Source: YAHOO