YC Backs EU's Digital Markets Act, Challenging Big Tech

Y Combinator, a prominent startup accelerator, surprisingly publicly endorsed the EU's Digital Markets Act (DMA), a law aimed at curbing Big Tech's monopolistic practices. YC argues the DMA, unlike other criticized EU tech regulations, aligns with values promoting American innovation. They cite examples like Apple's delayed AI voice assistant as evidence of a lack of competitive pressure. While less influential in Washington than a16z, YC's public support, alongside other startups and trade associations, puts pressure on the Trump administration. This advocacy aims to unlock opportunities for smaller American firms in AI, search, and consumer apps.