Facebook, Amazon and Apple spent record amounts on lobbying in 2019, with Mark Zuckerberg’s social-media company leading the so-called FAANG companies in outlays aimed at influencing Washington, according to disclosures filed this week. From a report: Facebook shelled out $16.7 million last year, well above its 2018 total of $12.6 million, its disclosures show. Amazon has reported spending $16.1 million in 2019 vs. $14.4 million a year ago, and Apple said it put forth $7.4 million, topping its 2018 outlay of $6.7 million and its 2017 total of $7.2 million. The other two FAANG companies — Netflix and Alphabet’s Google business — didn’t set records with their 2019 lobbying spending. Netflix disclosed shelling out $850,000 last year, up from $800,000 in 2018 but below its 2015 total of $1.3 million. Google spent $11.8 million last year, down sharply from its 2018 total of $21.7 million as the search heavyweight reorganized its lobbying effort. The spending — which already was on a record pace for some companies after last year’s third quarter — has come as Big Tech increasingly finds itself in lawmakers and regulators’ cross hairs.
of this story at Slashdot.
Source:: Slashdot