How Will Trump Affect Business Concentration And Inequality?

The quote below is a response form a Yale economist on antitrust policy under Donald Trump.  She believes that Trump will protect businesses which support his policies or him personally.  He will use antitrust against firms that do not support him or his policies.  She does not go beyond that opinion but that is a form of corporatism that was part of Mussolini's agenda in Italy.  Government aligned itself with supportive business interests.  It decreased competitive concentration and it increased anticompetitive concentration which tends to increase income inequality.

Q: President Trump has signaled before and after the election that he may block mergers and go after certain dominant companies. What kind of antitrust policies should we expect from him? Pro-business, pro-competition, or political antitrust?

I am concerned that there will not be one philosophy toward competition enforcement, but instead political antitrust: pro-competitive mergers are delayed or blocked if the parties do not offer jobs or favorable coverage of the President, and anticompetitive mergers are permitted because the parties do offer jobs or other support. This kind of antitrust enforcement would be bad for efficiency and bad for consumers. Such a policy would also generate a predictable pattern of transactions, that is, a wave of anticompetitive mergers that parties realize they can get approved in the current administration, and discouragement and delay of pro-competitive mergers.