Nissan as Honda

The major car manufacturers Nissan and Honda want to merge.

They are planning to exploit the amoral loophole in antitrust law: "We're major competitors in our field, but we need to merge to compete with the giants."

A policy of Granting such requests leads inexorably, over time, to a market made up of just a few giants.

I think Lina Khan would have blocked this merger. But now that Republicans have blocked her reappointment, we have to hope that the EU or Japan will block it. The Republicans surely hope that they have paved the way to having a few more multi-billionaires they can serve.