On Weds, July 29, 2020 the CEOs of some of the biggest tech giants in the world testified (virtually) before Congress. Some characterized the bipartisan questioning as a brutal beating, but others reported that not much new was accomplished.
What can we learn? What were the impacts? How do these regulatory issues affect state and local governments? Most important, what can and should be done next by public and private sector leaders and their partners?
These are a few of the items I explore in this blog, with the help of long-time state government policy expert Andris Ozols – who worked for many years with me in Michigan Government before his retirement a few years ago. Andris was also a significant contributor to my recent blog efforts on elections security.
Background On The Congressional Hearings
First, the media coverage of the testimony was widespread before, during and after the virtual event. Here are a few headlines and relevant excerpts:
Excerpt: “The leaders of Amazon, Apple, Facebook and Google took a brutal political lashing Wednesday as Democrats and Republicans confronted the executives for wielding their market power to crush competitors and amass data, customers and sky-high profits.
The rare interrogation played out over the course of a nearly six-hour hearing, with lawmakers on the House’s top antitrust subcommittee coming armed with millions of documents, hundreds of hours of interviews and in some cases the once-private messages of Silicon Valley’s elite chiefs. They said it showed some in the tech sector had become too big and powerful, threatening rivals, consumers and, in some cases, even democracy itself. …”
Excerpt: “Rep. (Read more…)