A Barack Obama presidency would bode well for Google Inc. A John McCain victory would be good for AT& T Inc.
That’s because the two senators approach regulation in the information age from fundamentally different perspectives.
Obama, who clinched the Democratic nomination with an Internet- savvy campaign, wants the government to take an active role in wielding the Web as a weapon against poverty and rural isolation, an approach that could benefit Google.
McCain sees the Internet mainly as a business and trusts market forces to foster innovation for society’s benefit. It’s the same tack he has taken in Congress, advocating a hands- off approach to telephone- industry mergers that created the new AT& T.
“McCain is a traditional, market- oriented conservative, and Obama is more comfortable with government intervention in the marketplace to promote competition,” says Andrew Jay Schwartzman, president of the Media Access Project, a public- interest law firm in Washington.
0 comments:
Post a Comment