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#lobbying

8 posts8 participants1 post today

The @eppgroup tonight showed it's not interested in compromise politics but in killing civil society + environmental policies. The @EUCommission announced a #LIFE Programm statement for tomorrow. EPP & @ecrgroup wanted a vote and despite replacing several (EPP: 6) MEPs lost 40:41. Why risking the anyhow too small funding instrument for nature instead of regulating corporate lobby and introducing conflict of interest rules?! #EUGreenDeal #Democracy #Lobbying #NGOs #Brandmauer

"Delaware just passed a law this week that would shield tech billionaires Mark Zuckerberg and Elon Musk from an array of potential misconduct, which could impact active litigation against them alleging theft from shareholders. The bill was crafted by Democratic governor Matt Meyer’s office in direct consultation from Meta’s own legal team and a roster of corporate defense lawyers representing both billionaires, according to documents released last week by CNBC.

Those outside lawyers consulted by the governor include an attorney at a firm that recently represented Meta in a Delaware court and Leon Strine, a former Delaware Supreme Court justice who now works at a major defense side law firm, Wachtell Lipton. The firm is currently defending Mark Zuckerberg against an ongoing shareholder lawsuit over an improper settlement Meta struck in 2019 regarding the Cambridge Analytica data breach.

Separate from that court case, Meta is currently being investigated for potential wrongdoing by shareholders who recently filed multiple “books and records” requests to obtain company documents. Changes in the new law would shut off legal avenues for any evidence in those documents to lead to lawsuits that could be worth billions of dollars in violations.

The bill makes it easier for companies to deny disclosure requests and hand over fewer internal documents. Additionally, the criteria for an improper transaction that may be reviewed by a Delaware court will be much more lenient to corporate executives. As long as a majority of so-called independent directors approve a deal, without shareholder input, executives won’t be subject to liability for potential conflicts of interest."

jacobin.com/2025/03/meta-delaw

jacobin.comMeta Helped Write a Delaware Law Protecting Mark ZuckerbergThis week, Delaware passed a bill that would shield tech billionaires Mark Zuckerberg and Elon Musk from litigation. Zuckerberg’s company, Meta, helped write the law.
#USA#Delaware#Meta

What's depressing me today is realizing that I as an 18yo were right.

When I came to the US, I was explained the concept of lobbying. Coming from a post-soviet country, where I didn't get a stipend to a dream college because all the "full-rides" were bribed for by parents with money, I thought to myself - "lobbying's just bribery with extra steps, right?"

Living in the US for 10 years, realizing that I understood it correctly as a teenager is pretty depressing.

Continued thread

MCC Brussels getting away with refusing financial #transparency for so long and still organising events spouting far-right propaganda inside the European Parliament shows the EU #lobbying disclosure system isn't equipped for today's challenges - an upgrade is urgently needed bsky.app/profile/corp...

RE: https://bsky.app/profile/did:plc:oej3znv7xm6oofk4zq7hvghs/post/3liorpeaics2o

Bluesky SocialBluesky

"Sanders, who is attracting a lot of people who did not support him in 2016 and 2020 to his rallies, is building a different kind of politics. He has refined his argument to focus on oligarchy, the group of superrich who are running the United States. And a newer generation of politicians are recognizing in that argument something that makes sense. There are conflicting messages, notably the New York Times’ Ezra Klein and The Atlantic’s Derek Thompson launching a campaign around the concept of Abundance, which I’ll touch on soon. But the possibility of sharpening policy tools to bring our oligarchs back into our democracy and match them with a political coalition is there.

And in that sense, I am thankful to Paul Weiss and Brad Karp. In this dangerous moment, the Democratic corporate establishment, by capitulating so obviously to Trump in return for corporate money, has just ripped out the heart that ran the Clinton, Obama, and much of the toxic parts of the Biden administrations. And they did so at the only moment in the last two decades during which normal Democrats are looking for someone to blame for their own party’s fecklessness. And who better to blame than the would-be Kamala Harris staff, a pack of Google and private equity defense lawyers - and Chuck Schumer’s brother - who, when the chips were down, bent the knee to Trump?"

thebignewsletter.com/p/monopol