Website icon Xpert.Digital

Tech giants increase lobby budget

Tech giants are increasing lobby budgets

Tech giants are increasing lobby budgets

Google, Amazon, Facebook and Apple (GAFA) spent a combined $54.7 million on lobbying in the USA in 2018 - an increase of around eleven percent compared to the previous year. Google has by far the largest lobbying budget at $21.2 million. In contrast, Apple has only invested $6.6 million in influencing Washington politics. It is also interesting to see what people are lobbying for or against. Facebook, for example, is trying to influence data protection laws worldwide in the company's favor, Guardian

Google, Amazon, Facebook, and Apple (GAFA) together spent 54.7 million US dollars on lobbying in the USA in 2018 – an increase of around eleven percent over the previous year. At 21.2 million US dollars, Google has by far the largest lobbying budget. In contrast, Apple invested only 6.6 million US dollars in influencing Washington policy. It is also interesting to see what is being lobbied for and against. According to a Guardian report, Facebook, for example, is trying to influence data protection laws worldwide in the interests of the company.

Tech giants increase lobby budget – Image: Statista

 

Keep in touch

Exit the mobile version