VCs to antitrust officials: We’d rather take our chances than see tech regulated
https://techcrunch.com/2020/02/19/vcs-to-antitrust-officials-wed-rather-take-our-chances-than-see-tech-regulated/
Last week at Stanford, antitrust officials from the U.S. Department of Justice organized a day-long conference that engaged numerous venture capitalists in conversations about big tech. The DOJ wanted to hear from VCs about whether they believe there’s still an opportunity for startups to flourish alongside the likes of Facebook and Google and whether they can anticipate what — if anything — might disrupt the inexorable growth of these giants.
Most of the invited panelists acknowledged there is a problem, but they also said fairly uniformly that they doubted if more regulation was the solution.