Big Tech risks crowding out other antitrust ills

U.S. Senator Mike Lee of Utah on June 17 took issue with regulators’ decision to carve up responsibility for large technology firms, arguing that only one federal agency should probe the likes of Facebook, Amazon, Apple and Alphabet-subsidiary Google.

Writing in the Washington Examiner, Lee argued that having two federal agencies looking at the companies, despite similar competition issues, would make investigations “less effective and coherent than they should be.”

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Big Tech fears US regulation, but it may be Ireland that should scare themIreland has become the main regulator enforcing rules on how big tech companies collect and process user data under Europe's privacy law called GDPR. Ireland will do whatever highest bidder wants - they drop tax rates to bribe big tech companies to dodge tax there & they've accepted massive EU handouts over the years. EU is currently onto them over enforcing privacy laws so they'll bow & do what they want.
Source: CNBC - 🏆 12. / 72 Read more »