The CEO ofTrump Media and Technology Group Devin Nunes said on Friday that Truth Social is trying to build its own ads platform because we don't want to be held by Google. The former California congressman, who now runs former President Trump's app Truth Social, made a comment on Mornings with Maria on the day after a bipartisan group of senators led by Utah Republican Mike Lee introduced legislation that would force Google to break up its dominant online-ad business.
A news release from Lee's office stated that the competition and transparency in digital advertising would restore and protect competition in digital advertising by eliminating conflicts of interest that have allowed the leading platforms in the market to manipulate ads and impose monopoly rents on a broad slice of the American economy.
The Utah senator said he introduced the bill as a first step towards liberating the Internet from the grip of Big Tech monopolists. He argued that the broken system has been the primary driver of growth for tech companies that have failed us by undermining our privacy, censoring our speech and exploiting our children. There is no question that Google has multiple monopolies across the tech sector, Nunes told Maria Bartiromo on Friday. That is why we are trying to build our ad platform because we don't want to be beholden to Google. He went on to say that as someone who had to use Google ads in his past life in political campaigns, the biggest concern I always had was that they had to approve my ads before they went on to a banner ad or video, and that was really problematic because often times they were much harder on Republicans than on the left. ELON MUSK: DIVISION HATE A Google spokesman did not respond to FOX Business request for comment.
Nunes told Bartiromo that we can't use any tech tyrants because we don't want to be shut down.
He said that as we look at our advertising and how we are going to bring in advertising revenue, we don't want to be beholden to Google. The challenge that we have to have is to build that technology out so that we can go out to the marketplace and that it is easy to use so that we can bring in revenue to our company. He said that it is a big challenge for us to move forward and that we are currently working on it.