Opinion | Dipayan Ghosh and Joshua A. Geltzer: How Big Tech CEOs are manipulating China fears to maintain power. - NBCNewsTHINK
The CEOs don't have compelling answers to more basic questions about competition, because their market position and their abuse of it are hard to deny. But they have a ready rebuttal for antitrust enforcement: China. Companies like TikTok and Huawei already have tremendous reach in the global telecommunications and technology sector, a reach second only to America's.
India's TikTok experience shows it's simply untrue that China's unregulated tech platforms are destined to spread anywhere and everywhere if U.S. companies don't beat them out. Second, competing against Chinese companies might be a priority for individual American tech companies, but Congress exists to safeguard collective American goals. And those goals must start with defending the integrity of America's democracy from infections like disinformation and violent extremism that fester and spread online.
Third, the push for regulating — or at least more stringently scrutinizing — tech companies isn't actually about transferring power from U.S. companies to Chinese companies. It's about transferring power from American companies to American users.
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