Tech development is hindered in the USA?

By monopolies, yes. Know what an acquihire is? Heard of a buyout leading to a shut down?

That hinders development.

	▲	skinfaxi 11 hours ago \| parent [-]
		The creator of a specific technology getting acquihired doesn't stop others from competing with the original. If anything, acquihire is a validating signal and probably leads to more entries into the market.