TLDR
In the age of Big Tech, the practice of shadow governance and unfair boardroom advantages have led to concerns about antitrust issues. Researchers have discovered that some companies engage in “killer acquisitions” to sideline competitors. Furthermore, the cost of collaborations between dominant digital platforms and AI startups can lead to unfair advantages. Big Tech companies often infiltrate potential rivals’ boardrooms under the guise of strategic partnerships, allowing them to exploit various tactics that harm competition. Although these actions have largely escaped scrutiny under antitrust laws, recent investigations by the FTC and DOJ may lead to greater oversight.
Some key points from the article include:
- Shadow governance and unfair advantages in the boardroom have led to concerns about antitrust issues in the age of Big Tech.
- Researchers have found evidence of “killer acquisitions” and unfair advantages gained through corporate venture capital and strategic partnerships.
- Big Tech companies often infiltrate potential rivals’ boardrooms, allowing them to exploit various tactics that harm competition.
- The FTC and DOJ have launched investigations into major technology platforms to examine the competitive implications of their influence through funding, partnerships, or personnel appointments.
- Reforms to competition law are necessary to address the shadow games at play in the Digital Age and protect the integrity of entrepreneurship.
Overall, the article highlights the need for greater oversight and reform in antitrust frameworks to regulate shadow governance and unfair advantages in the tech industry.
