Gus Hurwitz on Regulatory Capture and Big Tech
Gearrice – ICLE Director of Law & Economics Programs Gus Hurwitz was quoted by Gearrice, citing comments he’d earlier given to 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.
In practice, two of the largest companies in the world would be fighting back, using legislation aimed at helping small businesses. In this regard, Gus Hurwitz, senior researcher at the Carey Law School of the University of Pennsylvania, specializing in technology and competition, explained
“Regulations intended to help smaller companies enter the market can also very often be used by incumbents to gain an advantage over their rivals”