Media giant Comcast’s annual report lists 10 pages of regulations that the company operates under, running to 6,200 words. Alphabet, in contrast, summarizes all the regulations that could apply to it in just 682 words.
U.S. lawmakers are grappling with how to write new rules for internet-based giants like Facebook and Google, amid a broader debate about the power these firms have amassed. What regulations they devise, though, are still likely to fall short of the wide-ranging regulations that cover media and telecom companies. Media and telecom executives complain about the disparity as they lobby for loosening the rules governing their businesses.