@Uber #CEO: Some Of The Increased #Scrutiny On #Tech Is Deserved

Washington, D.C. (All Tech Considered) — Uber CEO: Some Of The Increased Scrutiny On Tech Is Deserved.

The push to increase regulations on tech companies may be warranted, said Dara Khosrowshahi, chief of the ride-hailing service. “We are becoming such an important part of everyday life,” he said.

“There is an increasing regulatory burden that is coming on some of the tech companies. Some of it deserved. I do think that we are becoming such an important part of everyday life,” the head of the ride-hailing and food-delivery service said Tuesday in an appearance at the Economic Club of Washington, D.C.

His comments come amid congressional hearings and a closer review by federal agencies, with an eye toward examining anti-competitive practices. For example, a House judiciary subcommittee on antitrust issues is holding a hearing Tuesday about online platforms and their role in stifling media competition.

Source: npralltech, full story

 

Leave a Reply