Over the past two years, lawmakers in Washington have turned their attention to reforming competition and antitrust laws, concerned that big tech companies have abused their market position. One of the most troubling proposals currently under consideration is Reps. Hakeem Jeffries and Ken Buck’s Platform Competition and Opportunity Act (PCOA) that, if passed, would prevent big tech companies from acquiring smaller start-ups. While PCOA aims to protect consumers and small businesses from big tech, the bill’s provisions would ultimately inflict unnecessary harm onto consumers and disincentivize start-up innovation.
To find who how, read our piece in Inside Sources.