Sorry But, Buying And Selling Ads Is Not The Same As Buying And Selling Stocks

Oof. Here we go again. The false equivalency between Wall Street and “digital Madison Avenue” means that an ill-fated bill introduced last year—putatively aimed at breaking up and punishing Big Tech ad businesses (and with unintended casualties as well)—is back from the dead.

The newly introduced bill has been given a dramatically over-the-top new moniker: the Advertising Middlemen Endangering Rigorous Internet Competition Accountability (AMERICA—really?) act. It wants to save us all from the Big Tech Big Bad Bear, which in fact has improved our entertainment, shopping, and newsgathering lives for the last couple of decades and driven the economy like no other sector. Republican Sen. Mike Lee of Utah has proposed it…



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