Exactly this. It’s not necessarily that he’s like a better enforcer, but he’s just a different type of enforcer that plays by different rules, which is to say compromised ethics, transactional exchanges, and so on. Tech companies absolutely had a difficult time under Biden, but the way they played that game was with legal filings, with negotiations where they attempt to offer something they hope will improve the perception of competitive balance.

It’s just a difference in channeling these things through rule of law on the one hand and through transactional exchanges and gestures of fealty on the other.

And I think if you think the Trump style reflects a more effective approach to handling antitrust, it’s kind of telling on yourself in terms of being able to comprehend the value of one type of transaction, but not the other.