Tech Giants Led by Google, Facebook Increase Lobbying Spending

by Rich Scherr 0

Tech giants Google and Facebook continued to pump record amounts of money into their lobbying efforts last year, according to a new report from taxpayer advocacy group Consumer Watchdog. Citing disclosure forms filed with the clerk of House of Representatives, the organization said Google spent $16.5 million on lobbying in 2012, up from $9.7 million the previous year.

Tech giants Google and Facebook continued to pump record amounts of money into their lobbying efforts last year, according to a new report from taxpayer advocacy group Consumer Watchdog. Citing disclosure forms filed with the clerk of House of Representatives, the organization said Google spent $16.5 million on lobbying in 2012, up from $9.7 million the previous year. Facebook, meanwhile, spent $1.4 million in the fourth quarter, the first time it spent more than $1 million in a single period. For the year Facebook’s spending increased 196% to $4.0 million. Other tech giant spent similar amounts, in 2012, including Microsoft ($8.1 million), Verizon ($14.7 million), AT&T ($17.5 million), Amazon (2.5 million) and Apple $2.0 million). Read more.

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