Its ties with the Obama administration and employee donations to Clinton won’t help.

Alphabet’s Google faces a tougher regulatory landscape as U.S. President-elect Donald Trump’s incoming administration looks poised to reverse Obama administration policies that often favored the internet giant in the company’s battles with telecoms and cable heavyweights, analysts say.

Read more: Why Google May Face a Tough Road Under President Trump

A pretty stinging rebuke And yet …

“I don’t see how they can not go down this road again,” says Jimmy Schaeffler of The Carmel Group.

So what makes the companies (and clearly investors) think that things might be different this time around?

Read more: Why A DirecTV Dish Network Merger Might Be Different This Time Around

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