Google, Facebook, Microsoft top EU lobbying spending: study
3 years, 3 months ago

Google, Facebook, Microsoft top EU lobbying spending: study

The Hindu  

Alphabet Inc's Google unit, Facebook Inc and Microsoft Corp are the three biggest lobbying spenders in Europe in a battle against tough new laws aimed at curbing U.S. tech giants' powers, a study released on Tuesday showed. "The rising lobby firepower of big tech and the digital industry as a whole mirrors the sectors' huge and growing role in society," the study said. The study found that 612 companies, groups and associations spend more than 97 million euros annually lobbying on EU digital economy policies. Google topped spending at 5.75 million euros, followed by Facebook at 5.5 million euros, Microsoft at 5.25 million, Apple at 3.5 million, Huawei Technologies Co Ltd at 3 million and Amazon.com Inc in sixth place with 2.75 million, the study said.

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