It used to be banks, but now it is tech giants that dominate the US lobbying industry. Can money buy them what they want: less competition, less tax … and more data?
The scholar Barry Lynn worked at the New America Foundation, a Washington thinktank, for 15 years studying the growing power of technology companies like Google and Facebook. For 14 of them, everything was, he says, “great”.
This week, he was fired. Why? He believes it’s because Google, one of the thinktank’s biggest funders, was unhappy with the direction of his research, which was increasingly calling for tech giants including Google, Facebook and Amazon to be regulated as monopolies.