Tech Companies Continue Pumping Millions Into Lobbying As Google Tops $3 Million, Facebook Spending Rises 10 Percent, Microsoft Posts Record $2.96 Million For Quarter, Says Consumer Watchdog
WASHINGTON, July 23, 2013 /PRNewswire-USNewswire/ -- Technology companies continued to pump money into their lobbying efforts during the second quarter, with Google leading the pack spending $3.36 million on its effort to buy influence with federal legislators and policymakers, according to disclosure forms filed with the Clerk of the House of Representatives.
Microsoft spent $2.96 million in the second quarter, a company record, and up 47 percent from $2.01 million in the second quarter of 2012, the records filed on Monday show.
Google's spending declined 14 percent from the record level of 2012 when it spent $3.92 million in the second quarter. During that year it was facing an antitrust investigation by the Federal Trade Commission.
Facebook spent $1.06 million, a 10 percent increase from $960,000 in the second quarter of 2012.
Google's lobbying expenses topped telecommunications giant Verizon who spent $3.24 million, a decrease of 17 percent from $3.94 million in 2012. It almost matched AT&T's effort of $3.74 million, an increase of 7 percent from $3.48 million in 2012.
Other tech company second quarter lobbying expenditures as disclosed to the Clerk of the House of Representatives:
- Amazon spent $860,000, an increase of 25 percent from $690,000 in 2012.
- Apple spent $690,000, an increase of 47 percent from $470,000 in 2012.
- IBM spent $1.9 million, an increase of 90 percent from $1 million in 2012.
- Oracle spent $1.66 million, an increase of 13 percent from $1.47 million in 2012.
Visit our website at www.consumerwatchdog.org
SOURCE Consumer Watchdog