Hacker News Reader

Now the negotiations start -- which means FAANG paying off, and playing one off the other, each party to water down the actual legislation. If they manage to get this passed and signed, politicians get to claim "bipartisanship" (or not), FAANG will get the regulatory capture they're seeking, and the media will convince the public that everything has been done in the public's best interests.

The EU has a very similar outlook on antitrust and competition policy. Some U.S. states are also pushing for enforcement of antitrust policies wrt. large Internet platforms.

Pretty good, actually. It's a rare area of agreement between the parties that Big Tech has too much power.

I think that’s the problem though. The parties agree that tech has too much power, but they disagree about the how and the why, and as a result they’re seeking different solutions.

I suspect this will end up like Florida’s embarrassing law to reduce deplatforming of candidates with weird exemptions carved out for favored businesses.