RSS Feed
January 25th, 2018 
Awake Goy For the first time, an internet company has become the largest lobbyist in Washington DC.
With the release of fourth quarter lobbying figures – a legal requirement – it has been revealed that Google (well, Alphabet) spent no less than $18m in 2017 to lobby lawmakers in the US capital: a 17 per cent increase on the previous year.
Although a number of industry associations – such as the US Chamber of Commerce – spent more, Google is the largest corporate entity on the list, reflecting both its enormous influence, it’s bottomless pockets, and the tech industry’s efforts to push back on a growing consensus that the internet is in need of greater regulation.
It’s not just Google either: Amazon splurged $12.8m – a 17 per cent year-on-year increase; Facebook blew $11.5m – a 32 per cent increase; and Apple spent $7.1m – a 51 per cent increase on the previous year.
This huge lobbying spend does not represent the full picture when it comes to influencing Washington DC, either.
The lobbying releases only cover the costs of a company’s own employees: they don’t include the money that all these companies spent on third-party lobbying groups, who typically boast former high-level government officials and promise access and persuasion for very large sums. Nor does it cover donations made to campaign committees.
Source Article from http://feedproxy.google.com/~r/blacklistednews/hKxa/~3/_CJGxACTU5I/M.html
Posted in 
Tags: 
