Google, Apple, Facebook Each in Washington
The tech companies are coming. It was Microsoft in the 1990s. Now it’s Facebook, Apple, and Google. Each one jockeys for position in DC. The lobbying efforts are startling. Startling not just in their topic but their depth. Each company has their fingers in the pockets of politicians from each party. They won’t stop until they get what they want. There are several pieces that may save consumers. One is that some of their requests are contradicting. Another are activists ready to take on monopolies. Each one is important. However, they may not be enough.
Seeking Alpha reported on the efforts of the tech giants.
Some, like Google and Apple, develop self driving car tech. These projects are often far behind projections. In addition, some include bitter legal fights like the one against Uber. Lobbying in Washington and Sacramento are thumbs on the scale for Big Tech.
Apple spent a total of $2.2 million. Facebook was $2.3 million. Google took the prize with $5.4 million in spending.
Recode also reported on the influence bonanza. Google has the most to lose. Between its dominance in search engines and driving out SDC competition its parent Alphabet has its hands full. Politicians in Washington understand the broad powers the company has. In addition, EU regulators already declared portions of its business model a monopoly. Courts and agencies in the US watched these cases very closely. Over the next several years there may be a number of key cases coming up.
The tech companies fear the new wave in Washington. President Trump cut off the gravy train for unneeded science funding. His White House also took a fresh look at Net Neutrality and self driving car legislation. The man understands the country and its potential future. That’s exactly what the tech companies fear the most.
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