Tech Times Weekly Wrap: TikTok US Ban, NHTSA Tesla Autopilot, Chinese Laser Tech for Submarines
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Big Tech says ex-ante antitrust regulations will hurt innovation
The ex-ante regulations proposed in the draft Digital Competition Bill to pre-empt certain practices is a significant departure from the current system and will come with trade-offs that have an impact on user experience and innovation like the European Union’s Digital Markets Act (DMA) had with its rigid rules, executives at a Big Tech company told ET.No matter how carefully crafted an ex-ante regime is, it will still have these negative impacts, they said, even as the government extended the...