Gus Hurwitz on Big Tech and Regulatory Capture
New York Times – ICLE Director of Law & Economics Programs Gus Hurwitz was quoted by The New York Times in a story about jockeying by Big Tech firms to weaponize EU regulations against one another. You can read full piece here.
Regulations intended to help smaller companies enter the marketplace “very frequently can also be used by incumbents to gain advantage over their rivals,” Gus Hurwitz, a senior fellow at the University of Pennsylvania Carey Law School who focuses on technology and competition, said in an interview.
…“I prefer companies to compete on the merits for consumers to want to use their products by offering higher-quality products,” Mr. Hurwitz said. “Not by paying lawyers to go to the European Union and get rules in place in order to obtain access to their competitors’ platforms.”