Big Telecom's sweet summer of revenge
After years of frustration that Silicon Valley companies seemed to get special treatment in Washington, telecommunications giants are finally (re)gaining the upper hand. They are now starting to feel more able to compete with tech giants as they all jockey to dominate how we communicate and access information. The Federal Trade Commission, Federal Communications Commission and Department of Justice are providing less scrutiny over the telecom industry, which has historically been more heavily regulated -- and ramping up scrutiny of Big Tech. A similar pattern is happening at the state level with Republican attorneys general. The balance of power between the two sets of companies has been shifting as policymakers. This summer's events lays out just how clear of an advantage Big Telecom has gained in both politics and business.
Big Telecom's sweet summer of revenge