How a Lobbying Group Is Arguing That Big Tech Protects Free Speech

Published On Oct 7, 2024, 5:01 AM

The article discusses the lobbying group NetChoice, which represents major tech companies like Meta and Google, and its successful legal efforts to broaden the First Amendment's protections concerning digital speech. NetChoice has argued against various child safety laws, claiming they would infringe on free expression. Their influence has helped stall legislation that regulates social media, leveraging First Amendment arguments to challenge state laws that they view as censorship.

Read full article

Stock Forecasts

GOOGLView GOOGL chart on TradingView

Positive

As the influence of NetChoice grows and it successfully challenges child safety legislation, the stocks of companies it represents, particularly Meta and Google, are likely to benefit due to reduced regulatory burdens and improved operational freedom.

METAView META chart on TradingView

Positive

Meta, with its strong lobbying presence and ongoing court challenges, may see a boost in investor confidence as it navigates regulatory challenges more effectively. This can lead to a favorable investment horizon for the stock.

Related News

Other tech giants could be next DOJ target after considering Google breakup: Al Root | Fox Business Video

‘Barron’s Roundtable’ panelists Jack Hough, Al Root and Megan Leonhardt discuss the top three headlines of the week.

META
AMZN

Google stock will surge despite DOJ's breakup push: D.R. Barton | Fox Business Video

Woodshaw Financial Group principal D.R. Barton analyzes the election betting market and weighs in on Google's possible breakup on 'Varney & Co.

GOOGL

Wall Street shrugs at Google’s legal setbacks isn't denial, it's pragmatism: Morning Brief

Oct 10, 2024, 5:59 AM

As the Justice Department seeks to possibly break up Google, the search giant's parent company's stock has barely moved.

GOOGL