Microsoft and Google are set to hang up their gloves as they call quits to a six-year legal truce. The software and internet search giants reached the pact in 2015 to end a running battle that had been fought out in courtrooms and in front of regulators around the world.
Technology companies are behind 24% of UK exports and 3 million jobs. However, the UK’s high-tech industry is likely to suffer as a result of the vote to leave the EU. This is expected to occur as a result of the significant network effects that impact this sector of the economy.