The Federal Trade Commission (FTC) insists the agency’s approach to mergers is beneficial to entrepreneurs and startups by claiming that “98% of [the 3,000 yearly merger] deals… are going through.” However, the FTC deliberately increased the regulatory cost of filing those deals to chill mergers, and in doing so, likely breached its obligations under the […]
By banning acquisitions of many venture-backed companies, the Platform Competition and Opportunity Act would be a “major disincentive to entrepreneurship,” says the National Venture Capital Association (NVCA) in their statement against the bill. NVCA President and CEO Bobby Franklin explains: “Startups are the source of American innovation. Instead of embracing this activity, this bill discourages […]
As Congress considers changing merger rules, remember the current system works well for startups. In fact, now is the best time to be an entrepreneur: U.S. startups raised $69 billion from investors in Q1 of 2021—41% more than the previous record. CCIA recently hosted experts from the fields of law, entrepreneurship, and economics, including A. […]
Thanks to a myriad of tech platforms that offer free tools and services, more Americans than ever before have a launch pad to start and operate their own businesses. According to Upwork’s annual study, 77% of freelancers says technology has made it easier to find freelance work. In addition to finding work through technology, freelancers can also get funding […]
Hostility to innovation and technology diminishes the incredible Internet-enabled opportunities that leading tech services provide: empowering consumers, driving prices down and increasing choice, and providing platforms to help entrepreneurs grow their businesses. It has given us a golden era of entertainment, knowledge, and everything from fashion startups, to booming mom and pop stores, to the latest app.
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