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A comment on Congress' push to regulate Big Tech is fizzling out. Parent comment

Re:Congress' push to regulate Big Tech is fizzling out by truckerbill on Thursday July 21, 2022 @08:34AM (#32178549)
Less lobbying focus (though probably still a lot)?

Protectionism (big tech is USA born)?

Elites are old money not new?

No tax income (probably this)?

[ Parent | on HN ]
Re:Congress' push to regulate Big Tech is fizzling out by fallingknife on Thursday July 21, 2022 @08:49AM (#32178675)
> Elites are old money not new

This is the big one right here. Europe has pretty much missed the boat on tech so its elites are from older industries that tech is starting to compete with. You can see this same dynamic here in the US as the legacy media has declared war on the tech industry for threatening its power.

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