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Tech Companies Make Final Push to Head Off Tougher Regulation

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Supporters of tougher tech regulation are making a final push to eke out a few wins before Congress adjourns. Big tech is responding with a fresh advertising blitz.

Biden White House officials—eager to avoid a shutout on tech regulation—have joined lawmakers in lobbying for passage, according to a person familiar with the matter.

Industry spending on advertising to fend off regulation has exceeded $100 million since the beginning of 2021. That money and the industry’s lobbying muscle have helped tip the scales in its favor so far, according to supporters of the legislation. said Sen. Amy Klobuchar . She said allowing the companies to dominate policy debates in Washington “is no longer a viable option.Sen. Marsha Blackburn also complained of the tech companies’ heavy spending to fight regulations she has pushed.

Lobbyists for big technology companies say the tech-targeted legislation addresses issues that most Americans don’t see needing to be fixed.

 

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Why, tech companies are pushing toward the instability we all are experiencing… are you okay with that?

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