The government and regulatory agencies in India are cracking down on the anti-competitive practices of big tech companies through new IT rules, amendments, and lawsuits, while laws are being brought in America too. To avoid them, Google, Amazon, Apple, etc. have started lobbying with US senators. Their CEOs are spending crores on increasing mail from senators.
Democrat MP Amy Klobuchar and others recently said they had secured the necessary votes in the Senate for a new bill to keep the market competitive. If this bill is passed, then Google will not be able to give a ranking of its related businesses especially restaurants or YouTube links above other websites in the US.
Amazon will not be able to sell products made under its brand on its e-commerce platform. Will only sell third-party products. Apple will also have to change the rules imposed on app developers. Tech companies have been asked to improve their business model. With this, they will not be able to forcibly sell other services to the consumers. Due to this, the CEOs of the companies have lost their sleep.
lobbying like this
Google: CEO Sundar Pichai will meet several Republican and Democrat lawmakers in Washington next week.
Expenditure: Rs 27.28 crore in the last three months
Apple: CEO Tim Cook appeared in the Senate last week. The company did not tell the reason for this, nor did it give any official statement.
Expenditure: Rs 19.49 crore in the first quarter of 2022, a quarterly record.
Amazon: CEO Andy Jesse spoke to several members of Congress and urged them to oppose the bill.
Expenditure: 41.3 crores so far
Meta: Mark Zuckerberg's emphasis is on increasing the lobbying budget more than the meetings. They are also increasing advertisements regarding the bill.
Expenditure: highest 42.10 crores
stand on bill
According to tech companies, this bill will prevent many features from being available to consumers. This will affect the services of the company. Instead of making people's lives better, it will create trouble.
Bill supporters argue
Organizations working to raise awareness of the bill want a vote in the next few weeks. It is necessary to break the monopoly that companies have established in the last decade by eliminating everything from small traders to open competition.
Also Read: UNSC: China put obstacles in declaring Makki as a UN terrorist, stopped India and US proposal
Corona Updates: 11,738 cases in the country in the last 24 hours; 54 children found positive together in Navodaya Vidyalaya of Chhattisgarh
In the last 24 hours, 11,738 new cases of corona have been found in the country, while 29 people have died. At the same time, the number of active cases is 1 lakh 32 thousand 566. 14,344 people have
Lok Sabha Election: Notification released for the first phase of Lok Sabha elections, nomination begins on 102 seats; Voting will be held on 19th April
Lok Sabha Election 2024: Notification has been issued for the first phase of Lok Sabha elections. The nomination process for 102 seats in 21 states and union territories in the first phase has started
Shashi Tharoor: Tharoor got angry on criticism of Congress leaders, and said sarcastically- I have a lot to do
Congress MP Shashi Tharoor, who is facing criticism from his own party leaders, has hit back and has called the criticizing leaders over-enthusiastic. This statement of Shashi Tharoor has come after
Weather Update: Snowfall-rain alert from Kashmir to Uttarakhand, how will be the weather condition in Delhi-UP and Bihar
There is relief from the cold in the plains of the country. Cold is being seen in the plains only in the morning and evening. However, the period of snowfall and light rain continues in the hilly
'My friendship with Elon Musk is old', PM Modi praised the world's richest person; What did he say on DOGE mission?
Recently, Prime Minister Narendra Modi appeared on the podcast show of AI researcher Lex Fridman. This show is of three hours and during this time he shared many things. PM Modi talked about US
No support from AIUDF, AAMSU is required for redesigning district boundaries: Assam CM
There has been a continuous protest by political parties and organizations against the Assam government's decision to merge the four districts into the original undivided districts. Meanwhile, Chief
Arvind Kejriwal Bail: ED reaches High Court against CM Arvind Kejriwal's bail, demands immediate hearing
The ED has moved the Delhi High Court against the trial court's order granting bail to Delhi CM Arvind Kejriwal in the Delhi Excise Policy money laundering case. The ED has demanded an immediate
Covid-19 in India: So far 39 foreign travelers have been found corona positive in India, rapid testing is being done at all airports
Corona cases are continuously increasing in many countries including China. In such a situation, the Government of India is also cautious about this. As a precautionary measure, rapid testing of
Bihar Politics: With the arrival of JDU, NDA's clan has become very big in Bihar; Now preparations to bring VIPs into alliance
After giving the biggest blow to the opposition Indian alliance by defeating JDU in Bihar, the main challenge facing BJP is the distribution of seats. With JDU coming together and Mukesh Sahni's
Monsoon: Heavy rain alert issued in Delhi-Kerala, hailstorm warning in UP; 16 people died in Maharashtra
Monsoon has knocked in many states of the country. There was a dust storm in Delhi-NCR on Thursday evening. At the same time, an alert has also been issued for heavy rain in a few hours. The
