Big Tech’s Rivals Pounce at Chances to Win in Washington
For years, the country’s biggest technology companies have been virtually untouchable in Washington. The public adored the companies’ new devices, educators embraced their tools and politicians extolled their contributions to the economy. Even traditionally powerful voices, like media and telecom businesses, found little success in criticizing the technology industry. But now, as lawmakers look into how Russia used Google, Facebook and Twitter to influence the 2016 presidential election, many critics see a rare opening — and are lining up to take their shots.
The action is nascent, but gaining momentum fast. Lawmakers are pushing for regulations for technology companies for the first time in years, encouraged along by big tech’s broad assortment of rivals. For several weeks, a group of companies including smaller tech companies and entertainment and retail businesses has informally begun regular meetings and conference calls to compare notes about Google, Facebook and Amazon and to find a way to join in a stronger opposition force. But even as they sense an opportunity today, the rivals say that challenging the internet companies remains a daunting task. They doubt they can put a dent into the online ad duopoly of Facebook and Google. It will also be difficult, they say, to restrain Amazon’s fast movement into new markets, given the company’s willingness to lose money to gain a foothold.
Big Tech’s Rivals Pounce at Chances to Win in Washington