In Summary
This month’s report examines the cat and mouse games between Washington and Big Tech companies. So far, it appears that Big Tech companies have the upper hand as they have been able to circumvent Washington’s attempt to restrict the export of cutting-edge semiconductor processors and beat back Federal Trade Commissions’ legal maneuverings. However, regulatory risks remain elevated in Europe where governing bureaucracies often resort to protectionist measures to make up for their deficiency in competitiveness.