Whalesbook
Yeh 'Based Act' ko Senator Scott Wiener ne introduce kiya tha, aur target thi badi companies jinka market cap $1 trillion se upar ho aur 100 million se zyada monthly U.S. users ho. Bill ka main purpose tha ki platforms par search results ko manipulate karna aur interoperability ko limit karna band ho. Yeh bill pehle ek committee se toh pass ho gayi thi, par April 2026 ko Senate Privacy Committee mein isko rok diya gaya kyunki opposition bahut strong thi. Asal mein, Big Tech ki lobbying power yahan saaf dikh gayi.
Big Tech Ka Lobbying Power
Ab dekho lobbying ka scene: 2025 mein hi tech companies ne national level par $26 million se bhi zyada kharch kiye the lobbying par. Sirf California mein toh $39 million daal diye the 2025 mein! Chamber of Progress aur California Chamber of Commerce jaise groups ne is campaign mein badi bhoomika nibhayi. Senator Wiener ne toh isko 'tidal wave lobbying effort' kaha, matlab poora pressure dala gaya. Yeh wahi strategy hai jo unhone pehle bhi use ki hai federal antitrust bills ko rokne ke liye.
Chhote Players Ki Mushkil
Is sab mein 'little tech' aur consumer groups ki haalat patli ho gayi. Y Combinator aur unke startups bhi mil gaye the, par woh Big Tech ke paise aur influence ke aage tick nahi paaye. Yeh trend toh Europe mein bhi dikha hai, jahan Apple aur Meta ko April 2025 mein combined €700 million ka fine laga tha (Apple ko €500 million aur Meta ko €200 million). Google ko bhi Europe mein kaafi fines mili hain. Yeh 'Based Act' bhi kuch Europe wale regulations jaisa hi tha.
Future Kya Hai?
Waise toh Big Tech ne California mein jeet liya, par itna paisa kharch karne mein bhi risks hain. Kahin yeh funds companies ke innovation aur growth se divert na ho jaaye. Aur ek cheez, yeh jeet shayad doosri jagah par bhi aisi bills ko encourage kar sakti hai. Agar yeh bill pass ho jaati, toh antitrust laws mein bada change aata, jo company ke size par focus karta, na ki market power par. Companies jaise Google (GOOGL), jiska market cap $4.32 trillion hai aur P/E 31.68, aur Apple (AAPL), market cap $3.91 trillion aur P/E 34.29, in par regulatory pressure toh hamesha rehta hai. Analysts inke AI growth ko lekar positive hain, par regulation ek badi chinta hai.
Regulation Ka Trend
Future outlook mein, 'Based Act' fail ho gayi hai, par tech platforms ko regulate karne ki koshish chal rahi hai aur chalti rahegi. Senator Wiener keh rahe hain ki aise proposals phir se aa sakte hain. Analysts abhi bhi Alphabet (GOOGL) aur Apple (AAPL) ko lekar pretty positive hain, 'Buy' ya 'Outperform' rating de rahe hain aur price targets bhi acche hain. GOOGL ka stock $342 ke aas paas hai aur Q1 2026 ki earnings bhi expected hain. Apple ka stock bhi $270 ke close hai. Magar duniya bhar mein stricter regulations ka trend chal raha hai, toh Big Tech ka yeh lobbying par paisa kharch karna unki strategy ka important hissa rahega, chahe kitna bhi mehnga kyun na ho.