Big Tech and Mergers
The discussion around digital platforms often focuses on the inability of smaller companies to grow. Concurrently, resistance to mergers and acquisitions (M&As) undermines one of the essential tools that businesses have to enter new markets and achieve the necessary scale to compete with large incumbents.
What can be done to promote a competitive and innovative digital ecosystem? Does the U.S. need a more agile M&A review process to account for situations in which smaller firms are trying to compete against large platforms?