It is concerning that Big Tech companies are sponsoring the SBA's National Small Business Week. It is important to consider the potential implications of these partnerships, and how they may be used to further the interests of these tech giants. It is clear that these companies have a vested interest in the success of the event, and it is possible that they are using it to their advantage. It is important to ensure that the interests of small businesses are being taken into account, and that the event is not being used to further the interests of Big Tech.
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Big Tech Sponsors Biden Admin's Small Business Week
Big Tech companies like Amazon, Google, and Meta have been sponsoring the Small Business Administration's (SBA) annual event, National Small Business Week (NSBW), since President Joe Biden took office. A letter from advocacy groups, led by the Revolving Door Project, was sent to the SBA on Monday expressing concern about the partnerships. The letter claims that the partnerships contradict the Biden administration's efforts to take on these tech giants. The groups believe that the SBA's decision to partner with these monopolistic companies goes against President Biden's Executive Order On Promoting Competition. Amazon, Google, and Meta are accused of bullying third party sellers, monopolizing digital advertising, and buying up competitors.
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