Equity Y Combinator sets its sights on D.C. with Luther Lowe
Jun 26, 2024
Luther Lowe, Y Combinator's Head of Public Policy and former SVP at Yelp, joins Connie Loizos for a thought-provoking discussion in D.C. They dive into the pressing issues of antitrust regulation against big tech and its implications for startups. Luther shares insights on the changing policies in the AI era, the balance of power between competition and regulation, and the entrepreneurial boom in Puerto Rico. He emphasizes the importance of authenticity in founder narratives to challenge corporate giants. A must-listen for tech enthusiasts!
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Lowe's Antitrust Influence
- Luther Lowe significantly influenced efforts to regulate big tech over the last decade.
- He played a key role in the EU's antitrust case against Google in 2015.
Google's Degrading Quality
- Google's dominance allows them to enter adjacent markets and unfairly compete.
- They degrade quality, which acts as a hidden price increase for consumers, even for "free" products.
Google's Self-Dealing
- A 2015 study showed Google prioritized its own limited reviews over established services like ZocDoc.
- This self-dealing harmed consumers by providing lower-quality search results.