California’s Merger Proposals Could Set Back the Startup Economy by a Generation
On March 20, the California Law Revision Commission (CLRC) held a meeting to discuss draft proposals that would fundamentally reshape the state's approach to mergers and acquisitions. The proposals aim to establish a California-specific antitrust regime that departs from established federal law, an approach the proposal's own authors described as a "sea change" meant to be untethered from federal precedent. As the Association for Competitive Technology (ACT) detailed in a follow-up letter submitted to the Commission this week, the [...]
ACT Statement on Competition and Markets Authority Decision on Business Software and Cloud Services
LONDON, UNITED KINGDOM – Association for Competitive Technology (ACT) comments on the impact for startups and small businesses in yesterday’s announcement from the Competition and Markets Authority (CMA) on business software and cloud services. ‘The decision by CMA not to designate Microsoft and AWS cloud services as having strategic market status and instead focus on a collaborative process with both to address the concerns of consumers and small businesses is a win for SMEs’, said Stephen Tulip, UK Country [...]
U.S. District Judge Rita Lin Cites Small Tech Concerns in Ruling for Anthropic
WASHINGTON, DC – In granting a preliminary injunction to Anthropic, U.S. District Court Judge Rita Lin relied on the concerns raised by small technology companies in ACT | The App Association’s amicus brief as justification for her decision. “We are grateful to Judge Lin for addressing the concerns of startups and small AI companies by granting the preliminary injunction” said Morgan Reed, president of ACT | The App Association. “U.S. small businesses are our most innovative and regularly provide [...]