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Reply to "Congress poised to come down hard on tech companies"
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[quote=Anonymous]Sen Franken, where have you been? In an article for the Guardian, which was posted following the event on Wednesday, Sen. Franken added, “It doesn’t require an antitrust lawyer to understand that these companies’ dominance in the market of information gives them tremendous power to dictate terms with journalists, publishers, and authors and to control the information available to consumers.” Last month, Axios claimed Breitbart News Executive Chairman Steve Bannon, a supporter of regulating Big Tech, “is railing against the ‘Lords of Silicon Valley,'” while it was also reported that Google, Facebook, and Twitter have been spending millions of dollars lobbying Congress following the increased threat of regulation. According to CNBC, “Google spent $4.17 million lobbying Congress this most recent quarter,” while, “Facebook spent $2.85 million,” and “Twitter spent $120,000.” In October, the CEO of a popular advertising company called Google a “dictator” in the ad market, while a Vice News report announced Facebook CEO Mark Zuckerberg’s plans to “influence American politics for generations to come.” https://www.theguardian.com/us-news/2017/nov/08/al-franken-big-tech-facebook-amazon[/quote]
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