from the corruption-is-America’s-#1-pastime dept
Last election season the Trump campaign lied to everyone repeatedly about how his second administration would “rein in big tech,” and be a natural extension of the Lina Khan antitrust movement. As we noted at the time, that was always an obvious fake populist lie, but it was propped up anyway by a lazy U.S. press and a long line of useful idiots (including some purported “antitrust experts“.)
This last year has truly revealed the con: Trump not only has demolished regulatory independence, media consolidation rules, and consumer protection standards, he’s rubber stamped every shitty merger his administration has come into contact with (provided companies promise to be more racist), and fired the few Republicans in his administration that even vaguely cared about antitrust.
The Wall Street Journal last week published a new interesting story about that last bit. Specifically, it’s about how Mike Davis, a radical Trump loyalist and corporate lobbyist, found it relatively trivial to oust the small handful of actual antitrust reformers embedded within the MAGA coalition who occasionally cared about the public interest (Gail Slater and Mark Hamer):
“A Journal investigation found that Davis pushed antitrust officials at the Justice Department to approve his deals—and he went over their heads when they wouldn’t comply, according to interviews with more than three dozen DOJ employees, lobbyists, lawyers and others familiar with the antitrust division.”
As a result Trump 2.0 has resulted in most of the Lina Khan era DOJ cases being sabotaged and scuttled, as we just saw with the pathetic Ticketmaster settlement, which left state antitrust enforcers caught out on a limb. Who could have possibly predicted this sort of thing?
Davis, who opportunistically pivoted to pseudo-big-tech criticism after being refused a job in the industry, is a transactional bully who was very excited about Trump’s plan to put minority children in cages last election season. He’s also, according to the Journal, been pivotal in elbowing out any remaining real antitrust enforcers to help Trump operate an even more “pay to play” government:
“Davis, despite having little experience practicing antitrust law, is one of the most visible practitioners of a change playing out across the division. Current and former antitrust officials said some mergers now get approval or draw mild settlements based on political ties rather than public interest. The new dynamic casts a shadow over the Justice Department’s integrity, they said, and has alarmed even some Trump loyalists in the department.”
And this is the Rupert Murdoch owned Wall Street Journal; not exactly the bastion of progressive left wing thought. In Davis’ head, he’s not easily exploiting the comical levels of corruption in the Trump White House, he’s just exceptional, according to comments he made to the Journal:
“I’m the best fixer in Washington, period. Full stop,” said the 48-year-old Iowan. “I know the people. I know the process. I know their pressure points. I know how to win.”
That Trump 2.0 was going to be a corrupt shitshow–and that the movement’s fake dedication to “reining in big tech” and “antitrust reform would be completely hollow–was one of the easier election season predictions I’d ever had to make. It should have been particularly and abundantly obvious to the ostensible fans of antitrust still peppered within the administration.
Even these “antitrust enforcers” within MAGA weren’t what you’d call remotely consistent when it comes to reining in corporate power. And while the Journal sort of romanticizes the first Trump term for “having guardrails,” it too was full of all manner of mindless rubber stamping of harmful deals that eroded competition and drove up costs (like the Sprint T-Mobile merger).
Yet, again, there were no shortage of press outlets (and supposed progressive antitrust experts like Matt Stoller) that spent much of last election season insisting that while Trump 2.0 might be problematic, it would feature ample populist checks on corporate power. You were to believe a sizeable chunk of the GOP had suddenly and uncharacteristically seen the light on antitrust reform.
The underlying lie of the Stoller-esque sales pitch was that we could build new and productive alliances with authoritarian zealots to make meaningful progress on antitrust reform. But we can all see saw how the MAGA saber rattling against big tech (which was really about getting them to back off of content moderation of racist right wing propaganda) turned out.
Building meaningful and productive alliances with authoritarians is like trying to cultivate an intimate relationship with a running chainsaw. And the act of treating them as serious actors on antitrust reform (something Stoller and the press broadly did, repeatedly, with everyone from JD Vance to Josh Hawley) gave them press and policy credibility they never had to earn.
MAGA leadership is largely comprised of transactional bullies whose primary interest is in wealth accumulation and power. Everything else, whether it’s MAHA, or the administration’s purported antiwar stance, or its love of “antitrust reform” was an obvious populist lie, designed to convince a broadly befuddled electorate that dim, violent, and corrupt autocracy would be good for them.
Filed Under: antitrust reform, corporate power, corruption, doj, donald trump, fcc, gail slater, lina khan, lobbying, maga, mark hamer, matt stoller, mike davis, monopoly, swamp
