NetChoice Testimony for House Judiciary Hearing "Online Platforms and Market Power, Part 2: Innovation and Entrepreneurship"

NetChoice Testimony for House Judiciary Hearing “Online Platforms and Market Power, Part 2: Innovation and Entrepreneurship”

Tech executives to take hot seat at antitrust hearing

The Hill

On Monday, the committee announced that Carl Szabo, the vice president and general counsel of tech trade group NetChoice — which counts Facebook, Google and eBay as members — will be testifying.

Tech executives to acquire sizzling seat at antitrust hearing

The News American

On Monday, the committee declared that Carl Szabo, the vice president and basic counsel of tech trade group NetChoice — which counts Fb, Google and eBay as users — will be testifying.

So the fine is $5B: Does that change anything?

International Association of Privacy Professionals

“The fine is a joke, which is why Facebook’s trade associations such as NetChoice are lobbying for it,” Stoller said. “Who lobbies for their own fine unless it’s not actually a penalty? They want a good headline. So they want to make the number seem like a record fine. When it isn’t. The FTC wants you to compare it in absolute size, but that’s apples to oranges. If you compare it to Facebook’s revenue, it’s relatively small.” 

Tech Giants Brace for Washington Showdown in Echo of Bill Gates

Hedge Accordingly

The company executives scheduled to appear are Adam Cohen, Google’s director of economic policy, Matt Perault, head of global policy development at Facebook, Amazon associate general counsel for competition Nate Sutton, and Kyle Andeer, vice president of corporate law at Apple.E-commerce trade association NetChoice, which includes Google and Facebook, will tell the committee a different story: The reach of tech platforms gives small businesses the opportunity to target large audiences of potential customers through digital advertising.

Not long ago, their only choice was expensive advertising in a local newspaper or television station, the group said.“These platforms are helping small businesses the same way a large retailer operates as an anchor for a shopping center or mall,” Carl Szabo, vice president of NetChoice, will say, according to his prepared remarks. “The larger these platforms grow means the more customers small businesses can reach with better targeting and lower costs.”

NetChoice Filing to FTC for Competition and Consumer Protection in the 21st Century Hearings

NetChoice Filing to FTC for Competition and Consumer Protection in the 21st Century Hearings

‘Deepfake’ dilemma

Politico

Opinion on earth: “For antitech activists, no fine is too high — even $5 billion from Facebook,” writes Carl Szabo, vice president and general counsel at NetChoice.

For antitech activists, no fine is too high — Even $5 Billion from Facebook

Following the news that Facebook set aside $3 billion to pay an FTC fine of up to $5 billion, many in D.C. wait for news about the FTC’s investigation into the social media business.

Yet, antitech advocates already decided that the yet to be announced FTC fine is not enough.

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