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.
What does tech think of a potential M&A moratorium? ‘A fire hose to blow out a candle’
Vice President and General Counsel
04/30/2020 by Carl Szabo
Warren, Ocasio-Cortez want to stop many company mergers during coronavirus pandemic