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Big Tech over-regulation will hinder startups

big tech over regulation
Image credit: Lightspring / Shutterstock

EU and UK competition regulators have been hard on Big Tech in recent months. Although the watchdogs intend to protect startups – I can’t help but think they’re at risk of stifling the opportunities that Big Tech brings to smaller players.

If the likes of Google and Microsoft choose to leave London, then there will be fewer exit routes for founders, less investment in the fintech ecosystem, and a severe shortage of highly qualified talent.

In April, the Competition and Markets Authority (CMA), the body responsible for regulating competition in the UK, stopped Microsoft from acquiring interactive entertainment company Activision Blizzard.

The regulator claimed that Microsoft could use Activision Blizzard to boost its cloud gaming presence, and in turn, damage competition in the market....