The Koch family launches advertising campaign to defend Silicon Valley giants such as Google and Facebook against the increasing antitrust probes that they believe are a & # 39; political spectacle & # 39; to be
- The Koch family launched an advertising campaign to defend Silicon Valley giants such as Google and Facebook against antitrust probes led by advocates general
- Americans for Prosperity, the conservative group supported by the billionaire family, urged lawyers-generals not to go after the big technology companies
- The ad says: & # 39; Tell Your AG: Don & # 39; t Don & # 39; t Government Abuse Antitrust Authority & # 39;
- The group asked that attorneys general not conduct their investigation in a & # 39; political spectacle & # 39; would change
- The ads will be displayed on Facebook for the next two weeks
The Koch family launches an advertising campaign that defends Silicon Valley giants such as Google and Facebook against antitrust probes led by advocates general.
Americans for Prosperity, the conservative group supported by the Republican billionaire family, will release advertisements in the next two weeks calling on people to encourage their lawyers not to go after the big tech companies.
One ad says: & # 39; Tell Your AG: Don & # 39; t Don & # 39; t Government Abuse Antitrust Authority & # 39;
The group asks that the Advocates General do not conduct their investigation in a & # 39; political spectacle & # 39; change.
Americans for Prosperity, the conservative group supported by the billionaire Koch family, urged state officials not to go after the major technology companies (pictured is billionaire Charles Koch, head of Koch Industries)
The ad reads: & # 39; Tell Your AG: Don't Let Government Abuse Antitrust Authority & # 39; and then links to a letter asking users to sign a letter to General Paxton
The latest campaign is aimed at Advocate General in Louisiana, Arkansas, Tennessee, North Carolina, Texas, Colorado, Ohio, Iowa and Nebraska.
They will run on Facebook for the next two weeks.
Republican Attorney General Ken Paxton in Texas leads the Google probe
Texas Attorney General Ken Paxton formally announced the antitrust investigation into the & # 39; potential monopolistic behavior & # 39; from Google, because they are investigating whether the tech giant in Silicon Valley has become too big and effective in stomping or acquiring rivals.
He said it would focus on Google's advertising activities.
States have formally requested documents from Google about its advertising activities.
Several attorneys general at the Washington D.C. announcement described the investigation as & # 39; tentative & # 39; but said they expected it to spread to other issues, including data privacy.
The probe is the final blow to major technology companies, while antitrust investigations are increasing in the US and around the world.
A separate group of states announced an investigation into Facebook's dominance on Friday. The Ministry of Justice, the Federal Trade Commission and Congress are also conducting investigations.
In a letter to AG Ken Paxton on the AFP site: & # 39; I write to urge you to keep the focus of your investigation into technical antitrust legislation on consumer damage. Too often we see politicians using antitrust investigations to create a political spectacle while abusing the intended purpose.
& # 39; As you know, antitrust is one of the most powerful resources available to the government. The consequences of abuse of this enforcement for political gain are incredibly serious. Setting a standard for penalizing companies for size or success would mean endangering the jobs of countless Americans.
& # 39; Please keep the focus of your research on preventing consumer damage and thank you for protecting American consumers. & # 39;
The Koch family has removed ads in defense of Silicon Valley giants such as Google and Facebook against antitrust probes led by advocates general
This is in response to US general lawyers from leading US antitrust investigations into US technology companies, including Facebook
The group urges people to contact their state's attorney general and urges them not to turn their investigation into a & # 39; political spectacle & # 39 ;.
& # 39; We are delighted that US legislators are making every effort to ensure that consumers are not harmed by technical products and services. But when antitrust enforcement is abused, the consequences affect us all & # 39 ;, says the Americans site for prosperity.
& # 39; Recently, politicians have used this authority for political gain. If the government allows them to step in and split companies based on size or success, this would be a dangerous norm for employees in almost every American industry. & # 39;
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