September 29, 2021

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Report Finds Big Telecom Spends $230,000 on Lobbying Every Day

Report Finds Big Telecom Spends 0,000 on Lobbying Every Day
A new study argues crappy U.S. broadband is an active policy choice — and a direct result of pathetically weak U.S. lobbying and corporate finance laws. From a report: Over the last few years big internet service providers have killed net neutrality, eliminated most FCC oversight of broadband providers, derailed efforts to pass meaningful privacy rules, and thwarted a wide variety of proposals designed to deliver faster, cheaper fiber broadband competition. A new joint study by Common Cause and the Communications Workers of America (CWA) union found that the telecom industry spent $234 million on lobbying during the 116th Congress alone, or nearly $230,000 a day. Comcast was the biggest spender at more than $43 million, with AT&T not far behind at $36 million. “The powerful ISP lobby will seemingly spend whatever it takes to keep politicians beholden to them and maintain a status quo that leaves too many Americans on the wrong side of the digital divide,” the groups said.

Read more of this story at Slashdot.