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Big Tech in Congress: Forgetting Antitrust and Passing Privacy Act

The tech giant sends Congress a message: stop advocating for antitrust laws; Instead of passing privacy rules. Lobbying to halt a package of bills designed to curb the power of internet giants has gone into a frenzy as the window for major bills has been closed before midterms this week. The report explains: Two industry groups representing companies like Meta Platforms and Alphabet held separate lobby days to oppose the legislation and promote federal privacy laws, among other industry goals. TechNet, one of the oldest tech interest groups, met virtually with 41 lawmakers, including Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi. The group’s chairman, Linda Moore, said TechNet claimed that voters were more interested in solving privacy issues than antitrust issues. “A lot of the interest in competition legislation is based on data collection and use,” Moore said. “Let’s focus on that.” Federal privacy standards were proposed several years ago, but were not the focus of this Congress as lawmakers turned their attention to competition and content moderation issues. But as many states pass their own privacy laws, businesses and lawmakers are looking for ways to codify federal standards.

Big Tech in Congress: Forgetting Antitrust and Passing Privacy Act

Source link Big Tech in Congress: Forgetting Antitrust and Passing Privacy Act

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