Tech companies back U.S. privacy law if it preempts California's

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Tech giants, including Amazon, Alphabet and Apple, say they would back a federal privacy law, want Congress to preempt tough new rules in California $AMZN $GOOG $AAPL

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Promoting federal regulations in a attempt to circumvent stricter state regulations and protections is a common practice of banks and businesses.

So they want less privacy protection than what they are facing in CA

Tech giants: "Help us, Corporation-pandering GOP Congress!!"

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