Google, Facebook, and Microsoft Corp. are the top lobbying spenders in Europe in a clash against tough new regulations –aimed at curbing US technology giants’ powers.
Such efforts seems to be a wake-up call to the EU policymakers in order to beef up the draft laws and lobbying rules – claims a study by Corporate Europe Observatory in association with LobbyControl warned.
As per the study, “It is remarkable and should be a cause of concern that the platforms can use this firepower to ensure their voices are heard – over countervailing and critical voices – in the debate over how to construct new rules for digital platforms.”
Source: Reuters
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