DOJ Interested in Tech Dominance Spooking Entrepreneurship, Delrahim Says
Venture capitalists and antitrust enforcers share similar values and goals of favoring dynamic competition and seeing disruption as often a positive, DOJ antitrust head Makan Delrahim said in an address Wednesday, according to prepared remarks. He said DOJ is interested…
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in whether any current digital platforms are so dominant, with the ability to restrict access to inputs or to distribution of products, that investors shy away from developing products relying on those platforms. He said there's a debate about the value of keep private data regarding how people interact with technology and websites, but there also are questions of what that information might be worth in different markets and how consumers might be served by rules that allow that data's collection and use.