HARMFUL IMPACT OF LARGE TECH COMPANIES

1. Lobbyists can lobby for laws that are not helpful for the majority, but instead help a minority of big tech companies.

2. Large tech companies have legal departments and can spend a lot of money on lawyers to respond to legal challenges that may otherwise put a smaller company in jeopardy of going bankrupt of losing market share, etc,.

BENEFICIAL IMPACT OF LARGE TECH COMPANIES

3. Large companies can afford to pay more for better talent to design and produce new products and services consumers want

4. Large companies can that are managed well usually have the financial reserves needed to withstand an economic downturn, whereas a smaller tech company may have to declare bankruptcy without the benefit of having a large cash reserve
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