Big tech may have stepped up during COVID-19, but we can’t let it gobble up startups

Big tech may have stepped up during COVID-19, but we can’t let it gobble up startups


Margarete Vestager’s efforts to maintain competition in the EU tech market by reining in the giants could be about to get a lot more difficult. Before the Covid-19 pandemic, the global community was largely thriving, with a combination of rivalry from innovative companies and public distrust keeping digital monoliths honest. The economic shock that followed has turned this on its head, with monumental ramifications for the startup community and the broader tech sector. Despite Vestager’s efforts to manage their influence and restrict monopolies, we’ve seen a resurgence in the profile of Big Tech companies – mainly because society needs them.…

This story continues at The Next Web
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