In this way, regulations that policymakers may think target Big Tech could ultimately serve the biggest companies by placing increasing burdens on potential competitors. This strategy could hurt small businesses in many ways. AdvertisementBlocking mergers and acquisitions could force small businesses to stay small, or, worse yet, it could push them out of business. Antitrust rules that are preoccupied with curbing Big Tech would end up hurting the industry, the economy and consumers. Small businesses and startups play an important role in the tech ecosystem and have flourished under the light touch of U.S. regulators.

Source: Los Angeles Times May 20, 2024 15:57 UTC