Analysis | Lawmakers ‘cowered’ to take on tech giants again, senator says

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Analysis | Lawmakers ‘cowered’ to take on tech giants again, senator says
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Sen. Chuck Grassley spoke candidly about the impact of failed efforts to pass major antitrust legislation last Congress. The defeat is hurting attempts to rein in tech giants, because some of his colleagues “cowered” in the face of industry “intimidation.”

Grassley went a step further, saying — without naming names — that his bill targeting the practice of “self-preferencing” has yet to be reintroduced because “certain people that sponsored it last time are cowered” by the sums industry spent on ads attacking it. , who chairs the panel’s antitrust subcommittee and led the bill alongside Grassley, echoed the sentiment while noting the lobbying amount hit nine figures.

“The same thing is up against your bill,” he snarled as he looked at Durbin, “and until we tackle that, we’re not going to accomplish anything and bring the power of these people to heel.” The activist group Fight for the Future said in a statement this month that the Durbin bill would lead to “the decimation of online communities and harm reduction resources.” The digital rights group Electronic Frontier Foundation hasHuman rights and civil liberties groups have typically expressed concern about targeting tech companies in legislation to curb sexual exploitation, warning that it could force platforms to shutter online communities that marginalized groups depend on.

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