TLDR
Amazon spent over $20 million on federal lobbying in 2021. Meta/Facebook only spent a couple $100k less than Amazon on promoting their agenda in Washington. BigTech giants are currently focused on the American Innovation and Choice Online Act, known as AICO. The bill would block BigTech from giving preference to their own products or discriminating against rivals on their platforms. The rest of BigTech dwarfed Apple’s lobbying spend at a mere $6.5 million (maybe that's because Apple's spending is directed towards their most important market, China).via the TL;DR App
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Written by wisernewsletter | For readers who want to know what's happening and what's next in the tech economy - crypto, metaverse, bigtech, AI
