Todd Henrich, SVP Head of Corporate Development at Booking Holdings, shares his extensive experience in strategic M&A during an era marked by volatility and regulatory scrutiny. He discusses the ripple effects of regulatory overreach and the importance of understanding market dynamics. Todd emphasizes that M&A should be viewed as a tool rather than a strategy, outlining how to navigate complex regulatory landscapes and identify key targets. He also shares insights on leveraging AI responsibly amidst the risks of over-hyped promises, ensuring informed decision-making in acquisitions.