Monday, December 21, 2020

Big Tech Using Think Tanks in EU Lobbing Effort

Here is more from the New York Times:

In Europe, [Silicon Valley technology] companies are spending more than ever, hiring former government officials, well-connected law firms and consulting firms. They funded dozens of think tanks and trade associations, endowed academic positions at top universities across the continent and helped publish industry-friendly research by other firms.

European officials criticized the biggest tech companies for laundering their influence through groups that appear impartial. In October, the European Center for International Political Economy published a report that said new tech regulations would cost the European economy two million jobs and €85 billion in lost gross domestic product. The European Center for International Political Economy is one of at least 36 trade groups, associations and think tanks that Google funds, according to Corporate Europe Observatory.

 

For years, the US's largest and most powerful technology firms, including Amazon, Alphabet (Google), and Facebook, have engaged with and donated to dozens of US-based think tanks.