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Google now highest-spending company for federal lobbying
Key Excerpts from Article on Website of San Francisco Chronicle (San Francisco's leading newspaper)
Posted: September 19th, 2017
http://www.sfgate.com/business/article/Google-now-highest-sp...
Google spent the most it ever has in a single quarter trying to influence elected officials in Washington, according to lobbying disclosures made public late Thursday. The past three months have also seen record spending on lobbying by several other major tech companies, including Amazon, Apple and Uber. Google Inc., according to the disclosure forms, spent $5.93 million between April 1 and June 30. Thats about 40 percent more than it had spent during the same period last year. The only three entities that doled out more money were large business organizations: the U.S. Chamber of Commerce ($11.68 million), the National Association of Realtors ($10.92 million) and Pharmaceutical Research and Manufacturers of America ($6 million). Since the 2016 election, the tech industry has had to navigate ... an administration whose decisions have often cut against Silicon Valleys business interests. The combined lobbying efforts of some of the most influential tech companies - Google, Facebook, Amazon, Apple and Microsoft - totaled $15.79 million. Googles lobbying efforts come as it faces the largest fine the European Union has ever levied against a company for abusing its dominant market position. In June, the European Unions antitrust chief hit Google with a $2.7 billion fine, saying the company illegally steered users toward its comparison shopping site. If the ruling is not overturned, it could reshape the companys behavior and direct the evolving boundaries of tech-industry regulation.
Note: Check out the intriguing, well researched article "How the CIA Made Google." For more along these lines, see concise summaries of deeply revealing corporate corruption news articles from reliable major media sources.
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