Regulation is coming in Companies know that the heat is only going to increase this year.
Section Internet access. When we asked the policy shops at some of the biggest and most powerful tech companies to identify their policy priorities, these were the words they had in common. Each of these issues centers around a common theme.
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They're about to experience a strong regulation phase," said Erika Fisher, Atlassian's general counsel and chief administrative officer. They know that the regulation heat is only going to increase inand they are all focused on how to adapt so it does the least harm to their own business models.
Open internet "The open internet" is by far the most popular way companies frame their focus. For Twitter, protecting the open internet means challenging regulatory frameworks that the company's policy team said harm competition and entrench the power of the biggest companies, according to a Twitter spokesperson.
The policy team cited GDPR as an example of a legislative framework that unintentionally hurts the open internet; they argued that while the law increased protections for user privacy, it decreased competition internet earnings here strengthening large companies. In the U. At a Section congressional hearing earlier this year, CEO Jack Dorsey said that Section rollback could collapse the internet as we know itthough he's open to some reforms.
Twitter is eager for creative "alternative regulatory paths" that protect competition and don't force companies to frame their decisions around removing or protecting content, according to their spokesperson.
Facebook also framed its policy interests in terms of protecting the internet from increasing barriers. This drive toward digital protectionism could have a devastating effect on economic recovery across the world," wrote Nick Clegg, Facebook's policy chief, in an email to Protocol.
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- Regulation is coming in Here’s how Big Tech is preparing for it. - Protocol
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Global standards InFacebook will also be lobbying for multilateral standards around digital taxation, privacy and data portability, among others, according to Clegg. By multilateral, they mean multicountry and multi-stakeholder, rather than, for example, the digital services tax much-debated in France this year or data portability rules imposed by China on African countries receiving monetary support.
Specifically, Clegg plans to urge the U. And Google is also explicitly interested in the same type of international government cooperation.
The company refused to identify and break down specific priorities, but their statement still reflected this theme. This is why we will urge governments to restore multilateralism," said Karen Bhatia, Google's vice president for government affairs and policy.
T-Mobile US reported blockbuster earnings on Thursday. The wireless provider handily beat Wall Street estimates for its subscriber growth, profits, and revenues in the third quarter—and raised guidance to boot. On Friday, analysts gushed over the resultsand several increased their price targets. Those can be reinvested in the business, or go straight to the bottom line. Eliminating existing overlapping antennas and towers saves money, and the combined company only needs to build one next-generation 5G network.
Access Beyond the big global regulation and antitrust fights that are coming next year, some companies outlined very specific priorities for U. At Amazon and Dell, policy leaders framed some of their focuses around increasing equitable internet access.
For Amazon, increasing internet access means an increased focus on the Project Kuiper low-orbit satellite program, which received approval from the FCC in July and is intended to provide cheap internet in places with poor broadband coverage.
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For Internet earnings here policy team, increasing internet access means lobbying heavily for an "open and interoperable" 5G network. The U.
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The more traditional spectrum-auction method would give telecom companies more control than the "nationalized" 5G Pentagon proposal former Google CEO Eric Schmidt has been a key advocate of the nationalized plan. Microsoft and Apple both declined to share their policy priorities.
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