Saturday, April 15, 2023

Koch Network Spending Big to Torpedo Big Tech Anti-Trust Reforms

Those bipartisan efforts were stymied thanks to intense lobbying from libertarian-leaning tech companies, think tanks, and advocates, with Big Money funding from the donor network of libertarian oil billionaire Charles Koch, whose influence over antitrust legislation goes back decades. As the new GOP-helmed Congress contemplates reforms, it's already clear that party leaders like Jim Jordan (R-OH) and libertarian Thomas Massie (R-KY) — who are recipients of Koch cash themselves — are planning to do Big Tech's bidding and delay or kill regulation and let the companies continue accumulating market power...

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