Trump taps telecom regulatory lawyer as DOJ antitrust head
Adam Candeub, the FCC's general counsel with deep telecom roots, is set to take over the division overseeing blockbuster cases against Google, Apple, and Visa.
+15.1% (FY ended 2025-12-31 vs FY ended 2024-12-31) 10-K
Annual net income
132,170,000,000 USD (FY ended 2025-12-31, attributable to the company) 10-K
Annual operating margin
32.0% (FY ended 2025-12-31)
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Unavailable: no dated forecast source
Gloria daily close for session Oct 28, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.
Alphabet Inc. and its peers
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Alphabet Inc.
GOOGL · Price dated Oct 28, 2026 · tokenized GOOGLx
3,333,751,000FY ended 2025-12-31, attributable to the company · 10-K
75.8%FY ended 2025-12-31
Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.
Sources: SEC filings, Gloria daily closes and CoinGecko. Oldest record refresh: Oct 28, 2026, 4:51 PM EDT. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.
Token vs underlying stock
Current comparison for GOOGL. Historical observations may postdate this article.
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Alphabet token vs Alphabet stock: exact source values
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The White House is preparing to nominate Adam Candeub, currently the General Counsel at the Federal Communications Commission, as the next head of the Department of Justice Antitrust Division. The pick would install a lawyer steeped in telecommunications regulation atop the unit responsible for some of the most consequential corporate enforcement actions in a generation.
Candeub would replace Gail Slater, who resigned from the role on February 12, 2026, after less than a year on the job. Omeed Assefi has been running the division on an acting basis since Slater’s departure.
A telecom insider with DOJ experience
Candeub is not new to the Trump orbit. During Trump’s first term, he served as Acting Assistant Secretary at the National Telecommunications and Information Administration from 2019 to 2021. He also held the title of Deputy Associate Attorney General at the DOJ during that same administration.
He moved into his current FCC general counsel role in February 2025. His background also includes contributions to the Heritage Foundation’s Project 2025 report, which advocated for stricter oversight of online platforms.
The DOJ Antitrust Division is currently overseeing ongoing enforcement actions against Google, Apple, and Visa. The Google case alone has been one of the most closely watched antitrust proceedings in decades. A federal judge already found that Google maintained an illegal monopoly in search, and the remedies phase of that case will shape the competitive landscape of the internet for years.
Apple faces its own DOJ scrutiny over how it manages its App Store ecosystem and device interoperability. Visa, meanwhile, is dealing with antitrust pressure over its dominance in the debit card market.
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Gail Slater’s departure adds an interesting wrinkle. She was confirmed by the Senate on March 11, 2025, with bipartisan support. She was out the door less than a year later, reportedly amid tensions over merger policies within the division.
Bloomberg News revealed on June 25, 2026, that Candeub was poised to be nominated as Slater’s successor.
What this means for investors
For anyone with exposure to Big Tech stocks, this nomination is worth watching closely. The DOJ Antitrust Division under Candeub could pursue structural remedies, think forced divestitures or mandatory interoperability requirements, that would directly affect how Google, Apple, and Visa operate and generate revenue.
Visa’s antitrust case is particularly relevant for fintech and crypto payment companies. The company’s dominance in payment processing has long been a friction point for competitors trying to compete on alternative payment rails.
The nomination hasn’t been formally announced yet, and Senate confirmation is never guaranteed. Candeub’s resume, his ideological alignment with the administration’s tech enforcement agenda, and the sheer gravity of the cases sitting on the division’s desk make this one of the most consequential regulatory appointments of the year.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
