According to a
January 2023 report by Corporate Europe Observatory (CEO), Big Tech is the biggest lobby sector in the EU, ahead of pharmaceuticals and fossil fuels. Google, Amazon, Meta (formerly Facebook), Apple, and Microsoft (known collectively as GAFAM), spends upwards of $28.8 million “on influencing EU institutions.” It calls for urgent scrutiny of “so-called economic consultancies, whose activities take place below the radar of public scrutiny.”
In a move that it calls “spamming the regulator”, consultants that are seen by regulators as neutral overwhelm regulators with studies and reports. CEO cites an interview between Valleti and the NGO Balanced Economy Project: “I saw the consultants hijack a certain way of doing economic work. They do this on a massive scale, to create doubt.They bombard you. They say ‘well, this merger could bring all these fantastic efficiencies: here is a possibility you should consider.’ You know that in practice this will not play a role, but then you have the burden of proof as an authority to dismiss those claims. It is a very dirty game.”