Big Tech Firms Pour Millions into Ads Opposing Antitrust Legislation
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Silicon Valley giants like Google, Meta, and Amazon are typically thought of as ruthless competitors, but now they're acting in unison against a common threat.
With bipartisan support swelling for increased antitrust regulation against tech's biggest players, tech-funded advocacy groups have spent at least $36 million this year on TV and internet ads opposing any new legislation, according to an analysis by The Wall Street Journal. With the greatest messaging platforms ever created at their fingertips, you'd think Silicon Valley would find a cheaper way to voice their opinions.
Source Fool.com