Financial Times’ Miles Kruppa and James Fontanella-Khan report on the increase of mergers and acquisitions among big tech companies and start-up businesses, further consolidating their power in the marketplace. “These companies are already extraordinarily powerful, but they’re well positioned to emerge as the biggest winners of COVID-19 unless some legislative action is taken,” said Sandeep Vaheesan, OMI’s legal director.
Read MoreA new bill from Elizabeth Warren and Alexandria Ocasio-Cortez strikes at the myths behind mergers.
Forbes’ contributor Rebecca Bellan reports on The American Edge Project, an advocacy group that Facebook helped launch in an effort to frame technological innovators as “an essential part of the U.S. economic health, national security and individual freedoms.”
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