A once-bipartisan coalition no longer trusts them. This sentiment was highlighted in a speech by the Justice Department’s acting antitrust chief, Omeed Assefi, titled “It’s not personal, Sonny, it’s strictly business,” referencing *The Godfather*. At an event with *MLex* and George Washington University, Assefi defended the agency against claims of weak settlements. He emphasized holding wrongdoers accountable, quoting *The Godfather Part II*: “this is the business we’ve chosen.” Critics, including former antitrust deputy Roger Alford, likened Assefi to a corrupt character in *Casablanca*, questioning the sincerity of the administration’s antitrust enforcement.
Under Trump’s administration, hope for serious anti-monopoly actions has waned, with former allies expressing skepticism. Key DOJ decisions, such as the settlement with Live Nation-Ticketmaster, were met with confusion. Some argue politics influence federal enforcement, prompting state attorneys general to take independent actions. Colorado AG Phil Weiser stressed the importance of states as federal watchdogs. Despite the challenges and resource limitations, state enforcers continue to pursue aggressive antitrust litigation.
Omeed Assefi praised state efforts, calling the DOJ settlement a significant victory, while dismissing criticisms of undue corporate influence. Alongside FTC Chair Andrew Ferguson, they argued lobbyists are longstanding entities with no special entitlements. The upcoming Big Tech cases, such as those involving Google and Meta, will test federal agencies’ resolve. As states contemplate their role, they question if the federal counterparts are fully committed to the antitrust cause.