alerts & publications
Law360: Chilling Tech M&A Could Hurt CompetitionJune 23, 2020
O’Melveny counsel Sergei Zaslavsky authored this article discussing topics at the intersection of technology, M&A, and antitrust. “Big Tech has changed our society in many profound ways. One characteristic of large technology companies is the combination of resources, energy and creativity that enable entry into new markets, where big tech firms may challenge either rival technology companies or more traditional incumbents,” Zaslavsky wrote. “Just a handful of examples: Facebook recently announced its foray into e-commerce by launching the Shops feature; 15 years after its purchase of Android, Google again is trying to use an acquisition to challenge Apple in an emerging personal device space — fitness wearables; Amazon entered the pharmacy space with its 2018 acquisition of online pharmacy PillPack. Big Tech’s nimbleness in entering new spaces creates competition; even the mere specter of potential entry can impose a competitive constraint on incumbent firms. M&A contributes substantially to this nimbleness, and it is important to keep that in mind when considering policies that may deter M&A.”
Law360 subscribers can read the full article here.
Thank you for your interest. Before you communicate with one of our attorneys, please note: Any comments our attorneys share with you are general information and not legal advice. No attorney-client relationship will exist between you or your business and O’Melveny or any of its attorneys unless conflicts have been cleared, our management has given its approval, and an engagement letter has been signed. Meanwhile, you agree: we have no duty to advise you or provide you with legal assistance; you will not divulge any confidences or send any confidential or sensitive information to our attorneys (we are not in a position to keep it confidential and might be required to convey it to our clients); and, you may not use this contact to attempt to disqualify O’Melveny from representing other clients adverse to you or your business. By clicking "accept" you acknowledge receipt and agree to all of the terms of this paragraph and our Disclaimer.