Express
Firms Increase Lobbying As Anti-Trust Scrutiny Continues To Rise
Summary: Big Tech companies such as Facebook, Amazon, Microsoft and Apple are on pace to reach record high lobbying expenditures, according to the Wall Street Journal. Facebook has spent $12.3 million on lobbying, a 25% increase from this time last year. Amazon the top spender at $12.4 Million, saw a 16% jump in spending this year. ...
Big Tech companies such as Facebook, Amazon, Microsoft and Apple are on pace to reach record high lobbying expenditures, according to the Wall Street Journal.
Facebook has spent $12.3 million on lobbying, a 25% increase from this time last year. Amazon the top spender at $12.4 Million, saw a 16% jump in spending this year. These aren’t the only companies that have seen significant jumps as both Apple (8%) and Microsoft (9%) have ramped up their lobbying. This spending appears to be a result of the increased scrutiny that tech companies have received from the U.S. government.
By Roland James
Tags: Amazon,anti-trust,apple. lobbying. microsoft,Facebook
Link: Firms Increase Lobbying As Anti-Trust Scrutiny Continues To Rise [Copy]
