Alphabet Inc's Google outsourced its tech rivals in lobbying in 2017, as Facebook Inc, Amazon.com Inc and Apple Inc set company records for the year, federal disclosures show.
The bonanza for tech and telecom lobbying came in President Donald Trump's first year in office.
Google spent more than US $ 18mil (RM70.56mil) in 2017, and Facebook spent more than US $ 11.5mil (RM45.08mil), as lawmakers scrutinized the companies over questions. 2016 election, the disclosures show.
The two companies, along with Twitter, have been admitted to the ads, fake news reports and fraudulent social media posts from Russian operatives.
The three companies sent executives to testify before Congress on the platform. They have pledged to improve their content screening techniques before the 2018 midterm elections.
During the fourth quarter, Google also beat all other companies, spending more than US $ 4.6mil (RM18.03mil), although some trade groups and think tanks spent significantly more during the period. Overall, the search. It also lobbied on a bill that attempts to curb online traffic.
Lobbying in support of the FCC's move, Comcast was the second biggest spender among single companies in the fourth quarter, putting down more than US $ 4.3mil (RM16.85mil). AT & T Inc, which is also supported by the FCC's decision even as it was battled for its proposed merger with Time Warner Inc. and fought for Trump's tax bill, spent more than US $ 3.6mil (RM14.11mil).
Amazon spent nearly US $ 13mil (RM50.96mil) during the year, including more than US $ 3.3mil (RM12.93mil) in the fourth quarter. The company has faced some different pressures of the platform companies, but its size has worries. Trump has also criticized the company because of its founder and CEO, Jeff Bezos, owns the Washington Post.
Tech companies also lobbied heavily on immigration and taxes. Apple spent more than US $ 7mil (RM27.44mil) during the year. The company announced earlier this month it would bring hundreds of billions of dollars to the US, where it will pay about US $ 38bil (RM148.97bil) in taxes and spend more on domestic jobs and offices.
The announcement was prompted by Trump to tweet that the Republican-backed tax-reform law was the incentive for Apple's investments. – Bloomberg