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August 23, 2021 | Tom Ballard

UNC experts believe regulation of “big tech” could be good for other tech hubs

Experts at the University of North Carolina at Chapel Hill write that Congressional efforts to rein in “big tech” could boost efforts around the country to develop local tech clusters.

In this article in WRAL TechWire, they explain their rationale. It is the fact that the concentration of the largest technology companies in a small number of regions — especially Silicon Valley — has created an economic vortex that tech start-ups from other regions are often pulled into.

Their thinking is based primarily on research by Maryann Feldman, Director of CREATE at the Kenan Institute – in partnership with Simona Iammarino and Carolin Ioramashvili from the London School of Economics and Political Science and Frederick Guy from the University of London – that examines how acquisitions of small technology firms by large technology companies exacerbate economic inequality between regions.

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