What does tech think of a potential M&A moratorium? ‘A fire hose to blow out a candle’

Netchoice, a tech trade group that counts Facebook, Google and Twitter among its members, has started to lobby against the moratorium proposals. Carl Szabo, Netchoice’s vice president and general counsel, told Protocol that for many startups, which are notoriously unprofitable and experiencing mass layoffs due to COVID-19, mergers and acquisitions are a matter of survival.