✈️ Consumers are hungry to travel — and for vertical search apps to help them plan their trips. https://t.co/7GQYsQerGv was a “global breakout app in Q2 2021 for time spent among Travel & Local apps,” according to @appannie https://t.co/eWFg0Adw5g
The New FTC: Stepping On The Toes Of Congress
A flurry of recent activity at the Federal Trade Commision (FTC) makes clear that the Commission wants to become its own rulemaker and take over Congress’s role in regulating the economy. As all five FTC commissioners testify before Congress, keep in mind that the agency’s radical new agenda would: – Enhance the FTC’s own rulemaking […]
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“These antitrust probes aren’t just harmful to the trillion-dollar companies in America that are locked in severe competition with the likes of Chinese government-sponsored companies like Huawei and Alibaba.” – @StephenMoore https://t.co/K6gnIi4Ved
Via @CNBC: Venture capitalists are warning that an acquisition ban on leading tech services would cause serious harm to startups. Acquisitions provide an important exit opportunity for founders, whose ventures may not have the size and scale to go public https://t.co/HmSJW560gc
.@ShughartW: “the antitrust laws were intended to protect consumers, not the competitors of Google Play or any other commercial enterprise” @DeseretNews https://t.co/M2KhrYd7Xv
“The House antitrust bills claim to protect consumer welfare, but they’re really anti-consumer and anti-innovation,” @GaryShapiro @ocregister https://t.co/zh6XJ8ekoC
👑 TikTok surpassed Youtube for average time spent per user in May, completing its journey from non-existence to King Of Video in less than five years. @appannie https://t.co/eWFg0Adw5g
Zoom will acquire Five9, a provider of cloud-based customer-service software, in a transaction valued at $14.7 billion to further enhance Zoom’s customer presence and accelerate the company’s long-term growth. Read more: https://t.co/uqjCHi9ASt
From Catalyst Research’s latest policy analysis of antitrust legislation: “U.S. is in danger of purposely stagnating our own technological advancement, industrial innovation, and national competitiveness.” https://t.co/I1SnYpR2Rn
Congress is considering raising barriers to M&A. If companies don’t have viable exit paths under the proposed antitrust legislation, VCs will have fewer funds to support entrepreneurs and the ultimate concern is a loss of innovation for our nation. More: https://t.co/j2Qk9jDXlx
✈️ Consumers are hungry to travel — and for vertical search apps to help them plan their trips. https://t.co/7GQYsQerGv was a “global breakout app in Q2 2021 for time spent among Travel & Local apps,” according to @appannie https://t.co/eWFg0Adw5g
The New FTC: Stepping On The Toes Of Congress
A flurry of recent activity at the Federal Trade Commision (FTC) makes clear that the Commission wants to become its own rulemaker and take over Congress’s role in regulating the economy. As all five FTC commissioners testify before Congress, keep in mind that the agency’s radical new agenda would: – Enhance the FTC’s own rulemaking […]
Read More
“These antitrust probes aren’t just harmful to the trillion-dollar companies in America that are locked in severe competition with the likes of Chinese government-sponsored companies like Huawei and Alibaba.” – @StephenMoore https://t.co/K6gnIi4Ved
Via @CNBC: Venture capitalists are warning that an acquisition ban on leading tech services would cause serious harm to startups. Acquisitions provide an important exit opportunity for founders, whose ventures may not have the size and scale to go public https://t.co/HmSJW560gc
.@ShughartW: “the antitrust laws were intended to protect consumers, not the competitors of Google Play or any other commercial enterprise” @DeseretNews https://t.co/M2KhrYd7Xv
“The House antitrust bills claim to protect consumer welfare, but they’re really anti-consumer and anti-innovation,” @GaryShapiro @ocregister https://t.co/zh6XJ8ekoC
👑 TikTok surpassed Youtube for average time spent per user in May, completing its journey from non-existence to King Of Video in less than five years. @appannie https://t.co/eWFg0Adw5g
Zoom will acquire Five9, a provider of cloud-based customer-service software, in a transaction valued at $14.7 billion to further enhance Zoom’s customer presence and accelerate the company’s long-term growth. Read more: https://t.co/uqjCHi9ASt
From Catalyst Research’s latest policy analysis of antitrust legislation: “U.S. is in danger of purposely stagnating our own technological advancement, industrial innovation, and national competitiveness.” https://t.co/I1SnYpR2Rn
Congress is considering raising barriers to M&A. If companies don’t have viable exit paths under the proposed antitrust legislation, VCs will have fewer funds to support entrepreneurs and the ultimate concern is a loss of innovation for our nation. More: https://t.co/j2Qk9jDXlx