Internet sector contributes $2.1 trillion to U.S. economy: industry group

📆 9/26/2019 7:46 PM
📰 Reuters

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The rapidly growing internet sector accounted for $2.1 trillion of the U.S. econ...

) and many other firms, released its estimate as the tech sector has come under increasing criticism, with some lawmakers calling for the breakup of major firms and renewed antitrust scrutiny.

In 2015, the Internet Association estimated the sector was responsible for an estimated $966.2 billion, or 6% GDP in 2014.

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The GAFAT effect: G oogle A mazon F acebook A pple T witter (minor of them)

Add up the contributions of all the companies destroyed, and I’m not sure we’re better off...

And $0 in tax revenue.

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