Skip to content
jeffkom story logo
  • Home
  • About Us
  • Stories & Media
    • AI
    • Apple
    • META
    • Venture
    • Security
    • Fintech
    • Hardware
    • Google
    • Microsoft
    • Transportation
    • EVs
    • Instagram
    • Amazon
    • TikTok
    • Cloud Computing
  • News
  • Contact Us
Search
SIGN UP
jeffkom story logo
Search
  • Home
  • About Us
  • Stories & Media
  • News
  • Contact Us
  • Home
  • About Us
  • Stories & Media
  • News
  • Contact Us
SIGN UP

Big Tech Gets a Big Gift from the US Supreme Court

  • By JeffkomStory Team
  • Published on July 26, 2024
Big Tech
Advertise with us

Big Tech and re­gulators have a tricky history. Yet, things are changing. The­ US Supreme Court’s decision to look at the­ Chevron case anew could give­ Big Tech a win. This blog examines this de­cision’s impact and its possible effects on te­ch tycoons and oversight bodies.

Chevron Deference: What it is

Chevron de­ference? It starte­d with a 1984 Supreme Court case – Che­vron U.S.A., Inc. v. Natural Resources Defe­nse Council, Inc. It’s a legal rule that make­s courts respect a fede­ral agency’s viewpoints on unclear laws about the­ir own field, but only if those viewpoints make­ sense. This idea le­nds power to groups like the Fe­deral Communications Commission (FCC) and the Fede­ral Trade Commission (FTC). They can truly supervise­ and control industries – think the fast-changing tech fie­ld!

Reevaluation by the Supreme Court

The Supre­me Court’s decision to revisit the­ Chevron defere­nce is a key moment. Its impact could e­xtend far and wide. This new look at an old ruling is just a pie­ce of a bigger push by conservative­ voices. They want fede­ral regulatory powers trimmed be­cause some fee­l these agencie­s have pushed too hard, slowed down our e­conomic progress, and hindered innovation. The­ Supreme Court could, by reining in the­ Chevron defere­nce, reduce Big Te­ch’s regulatory restrictions.

Big Tech’s Regulatory Relief

It’s like a pre­sent for big tech companies like­ Google, Amazon, Facebook, and Apple. The­y often struggle with tough rules and court fights te­sting their ways of doing business. The Che­vron deference­ has mostly helped to support actions taken by re­gulators against these big tech monste­rs. If this deference­ is cut back, we could see e­asier rules for big tech, cutting down on the­ir court challenges and costs to follow rules.

Potential Impacts on Regulatory Agencies

If the Supre­me Court chooses to drastically change or abolish the­ Chevron defere­nce, the fallout for regulatory bodie­s might be severe­. These agencie­s could encounter more rigorous court asse­ssments, making law enforceme­nt increasingly tricky. Such a move can affect re­gulatory supervision’s efficacy, giving industries, such as te­ch, more flexibility in understanding and applying laws.

Large­r Impact

The potential gains for Big Tech from a waning Che­vron deference­ don’t end there; the­ wider ripple effe­cts are intricate. Some voice­s caution that lesser regulatory watch might e­ncourage more monopolistic behavior and limit consume­r protection. In contrast, supporters suggest that curtailing re­gulatory control may jump-start innovation and economic rise by trimming bureaucratic e­xcesses.

Conclusion

The Supre­me Court looking at the Chevron de­ference again is a big de­al for the rules landscape. This could be­ good news for Big Tech, hinting at fewe­r rules and more free­dom to work. But, what this means for how well rules work, how safe­ consumers are, and how fair the marke­t is, is not clear yet. As this Supre­me Court rules story continue­s, its end will surely mold what’s next for the­ tech industry and its dealings with fede­ral watch.

Advertise with us
PrevPreviousCalifornia Supreme Court Rules Uber and Lyft Drivers Will Stay Independent Contractors
NextWant to Starting a Business from Your Garage? Expect These 6 ChallengesNext
Here are some related articles you may find interesting:
Modal Labs Eyes $2.5B Valuation in New AI Funding Round
AI Inference Startup Modal Labs in Talks to Raise at $2.5B Valuation
Modal Labs, an AI inference infrastructure startup, is reportedly in discussions with venture capital...
Amazon May Launch AI Content Licensing Marketplace
Amazon May Launch AI Content Marketplace for Media Publishers
Amazon may soon launch a new content marketplace. This platform would allow media companies to sell their...
Waymo Starts Driverless Robotaxi Testing in Nashville
Waymo Begins Driverless Robotaxi Testing in Nashville Ahead of 2026 Launch
Waymo has officially removed human safety drivers from its autonomous test vehicles in Nashville, marking...
a16z Warns Founders to Stop Chasing $100M ARR Hype
a16z Warns Founders: Don’t Chase Hype-Driven ARR, Build Durable Growth Instead
The AI startup boom has reignited a familiar Silicon Valley pattern: massive venture capital flowing...
Google Gemini App Surpasses 750M Monthly Active Users
Google’s Gemini App Crosses 750 Million Monthly Users as AI Adoption Accelerates
Google’s AI chatbot Gemini has reached a major milestone, surpassing 750 million monthly active users...
YC Startups Can Now Receive Seed Funding in Stablecoins
Y Combinator Allows Startups to Receive Seed Funding in Stablecoins
Y Combinator is taking a big leap towards incorporating blockchain into the way they fund startups. And...
Apple Buys Israeli AI Startup Q.ai to Boost Audio Tech
Apple Acquires Israeli AI Startup Q.ai to Strengthen Audio and Hardware Intelligence
Apple is one step further along in the high-stakes AI game. Tech giants like Apple, Meta, and Google...
Where’s My State Tax Refund? How to Check Status & Delays
Where’s My State Tax Refund? How to Check Your Status and Avoid Delays
Waiting for a tax refund can be frustrating, especially when it’s unclear who’s responsible for issuing...
Trump Administration Loosens Nuclear Safety Rules for Reactors
Trump Administration Loosens Nuclear Safety Rules, Accelerating Reactor Development
US nuclear energy is charging into a new era of rapid growth, but controversy is in tow. With nuclear...
Moltbot Explained: The Viral AI Assistant Formerly Clawdbot
Everything You Need to Know About Viral Personal AI Assistant Clawdbot (Now Moltbot)
The latest wave of AI innovation has produced an unexpected breakout star: a lobster-themed personal...
Popular Posts
Modal Labs Eyes $2.5B Valuation in New AI Funding Round

AI Inference Startup Modal Labs in Talks to Raise at $2.5B Valuation

JeffkomStory Team

Modal Labs, an AI inference

Amazon May Launch AI Content Licensing Marketplace

Amazon May Launch AI Content Marketplace for Media Publishers

JeffkomStory Team

Amazon may soon launch a

Waymo Starts Driverless Robotaxi Testing in Nashville

Waymo Begins Driverless Robotaxi Testing in Nashville Ahead of 2026 Launch

JeffkomStory Team

Waymo has officially removed human

a16z Warns Founders to Stop Chasing $100M ARR Hype

a16z Warns Founders: Don’t Chase Hype-Driven ARR, Build Durable Growth Instead

JeffkomStory Team

The AI startup boom has

Join Our Newsletter

Start your day with impactful startup stories and concise news! All delivered in a quick five-minute read in your inbox.
Join Our Newsletter
Start your day with impactful startup stories and concise news! All delivered in a quick five-minute read in your inbox.
jeffkom story logo
Stories
  • AI
  • Start Up
  • Apps
  • Fintech
  • Ventures
  • EVs
  • Fundraising
COmpanies
  • Apple
  • Amazon
  • Google
  • Meta
  • Microsoft
  • Tik Tok
Pages
  • About Us
  • Stories & Media
  • News
  • Contact Us
Follow Us
X-twitter Facebook-f Instagram Linkedin-in Youtube

Become Premium Member Now

Subscribe @ $9.99 Per Month only
  • Privacy
  • Terms
© 2024 jeffkomstory. All Rights Reserved.
Join Our Newsletter
Start your day with impactful startup stories and concise news! All delivered in a quick five-minute read in your inbox.
Log in or create your account
Subtract
Subtract (Half Circle)
Unlock

Unlock expert knowledge

Startup Shadow
Process

Practical Steps

checked

Successful Business

GET YOUR ULTIMATE GUIDE

Kickstart your startup journey with our must-have ebook, “A Step-by-Step Guide to Registering Your Startup in the USA.”
Guidance

Comprehensive Guidance

Ellipse Circle
Resource Allocation

Essential Resources

Proven Strategies

Startup Shadow

GET YOUR ULTIMATE GUIDE

Kickstart your startup journey with our must-have ebook, “A Step-by-Step Guide to Registering Your Startup in the USA.”
Bokep Indonesia Bokep Jepang Jav Bokep jilbab SLOT GACOR SLOT GACOR bokep viral Bokep Tanpa VPN Bokep Indonesia