Since we invitably have legislatures heavily influence (and sometimes fully captured) by moneyed interests, often the best we can hope for is competition between the different factions of moneyed interests to shape policy such that the outcome is triangulated to be somewhat more beneficial to the public than if one faction had unchecked influence. Until the last 20 years or so, the media and telecoms industry were separate factions that had some competing interests and sometimes served as a checked on one another. Now they're merged/merging into media telecoms conglomerates, but the tech industry has recently risen as a competitor with even more directly competing interests.
It'll be interesting to see how the lobbyist wrangling behind the scenes works out. The tech industry is the new kid on the block, especially in terms of their presence in Washington DC, and it takes time to build up relationships and influence in politics. It's not quite as quickly scalable as the tech industry is used to, but they also have vastly more resources.
https://www.opensecrets.org/orgs/recips.php?cycle=2014&id=D0...
Relatedly, it's depressing just how cheaply you can buy the house/senate.