Google Spends Top Dollar on US Lobbying Efforts
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In a quarterly filing disclose this week, it was shown that Google had spent a record $21.2 million on lobbying the U.S. government in 2018, topping its previous high of $18.22 million in 2012.
Meanwhile, Facebook only spent $12.62 million that in 2018, only a slight increase from $11.51 from the previous year.
Financial analysts have said that Google had to contend with regulatory backlash not only in the US, but in Europe and Asia as well, as US lawmakers and regulators have weighed new privacy and antitrust rules to curb the influence of internet service giants.
Source: Reuters