https://www.opensecrets.org/federal-lobbying/bills/summary?c...
https://www.opensecrets.org/federal-lobbying/bills/summary?c...
I'm really trying not to be cynical here, but I started so I might as well finish. Step #2 is if it does happen to pass, the parts of the bill that are actually consumer protections will be unenforceable, be ruled unconstitutional or have unintended negative consequences. The bad parts of the law will have no issues in the courts or with enforcement. They, too, will have unintended added negative consequences.
obfusication of a bills content and intention by using a dissociative title must stop
It's even more insane we allow the state-affiliated entities of our adversaries to do this.
Well, it would be rather pointless to elect to hire a representative to represent you and then not take time to make your position known with them. They certainly are not mind readers.
And you can't realistically remove big businesses from citizenry as those who are stakeholders in big business are going to bias their position to what benefits their business. Business is people, after all. ByteDance certainly has stakeholders who are American citizens.
So we make a best effort to register those biases for the sake of transparency. The only real alternative, short of abandoning democracy entirely, is to leave it a mystery who talked to their representatives.
Also, don't the representatives have pre-election issues based manifesto when they are seeking votes to get elected? Shouldn't they stay true to the promises they made?
The advantage big business has is scale. Big business, by definition, has many more stakeholders. This means that big business will be disproportionately represented by the constituents. If those biases weren't made clear, and each constituent's position was taken at face value, then the unified front would appear stronger than it would actually be if each actor were acting without those biases.
> Shouldn't they stay true to the promises they made?
I'm not sure why you'd want them to. The state of the world is constantly changing and new information continues to flow in. You will be constantly reevaluating your position in the face of new information. A representative will respond to that.
Representatives know that some segment of the population honestly believe that they are mind readers and will offer up some examples of how they might try to read the minds of those who buy into that witchcraft to attract their vote, but marketing and reality are quite different.
I'm glad that Pelosi is using her position to impose some changes on the bill so maybe something good will come out of it, but I really can't stand that in US bribery is essentially legal.
What Microsoft, IBM and others won as the privacy bill evolved - https://www.protocol.com/newsletters/policy/cloud-enterprise...
Privacy bill triggers lobbying surge by data brokers - Privacy bill triggers lobbying surge by data brokers
https://www.eff.org/deeplinks/2020/03/tech-lobbyists-are-pus...
$11.5 billion is not small.
From 10K
Revenue, classified by significant product and service offerings, was as follows:
(In millions)
Year Ended June 30, 2022 2021 2020
Server products and cloud services $ 67,321 $ 52,589 $ 41,379
Office products and cloud services 44,862 39,872 35,316
Windows 24,761 22,488 21,510
Gaming 16,230 15,370 11,575
LinkedIn 13,816 10,289 8,077
Search and news advertising 11,591 9,267 8,524
Enterprise Services 7,407 6,943 6,409
Devices 6,991 6,791 6,457
Other 5,291 4,479 3,768
Total $ 198,270 $ 168,088 $ 143,015I'm not sure of the term. It's like a regulatory legal barrier that keeps new companies from entering the market.
What do you expect people to do instead?
barriers to entry [1]
The bill outlines exemptions for business making less than 40 million annually. I haven't read the whole thing so it's possible I missed something, could you point out which sections you're referring to to draw that conclusion?