Re:Antitrust Troubles Snowball for Tech Giants as Lawmakers ...
by awinder on Monday June 03, 2019 @08:28PM
(#20090559)
This is actually a decent point, and tech has only recently realized that they need lobbyists in order to smooth the legislative runways (this is the most charitable description I could imagine for what is being done here).
Congress & the executive may want to look into this with cool heads rather than doing the lambasting song and dance. There’s a lot of s&p 500 money in the companies they are going after, and I’m getting the feeling that the “enormous tax cut” is really just gonna end up as cushion for trillions in dumbass value destruction.
Re:Antitrust Troubles Snowball for Tech Giants as Lawmakers ...
by kortilla on Tuesday June 04, 2019 @12:15AM
(#20091839)
Google has been lobbying for at least a decade. These big companies didn’t “recently realize” anything. It’s just come to light now because there isn’t an administration in control now that is politically aligned with them.
The fact is that these are some of the most powerful companies in the world. Tech has skated by with a tiny fraction of the scrutiny that similarly powerful industries get. You say that it doesn't appear customers have been harmed by these companies, but maybe it doesn't appear that way because nobody with any power has bothered to look.