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Google U.S. lobbying jumps 27% as lawmakers aim to rein in Big Tech

Stock MarketsJan 20, 2022 06:20PM ET
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© Reuters. FILE PHOTO: The logo for Google LLC is seen at their office in Manhattan, New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly

WASHINGTON (Reuters) - Alphabet (NASDAQ:GOOGL) Inc's Google reported 27% higher U.S. lobbying expenditures for 2021 compared to 2020, spending $9.6 million for the year, according to the Senate lobbying disclosure database.

That's far below the more than $20 million it spent in 2018 but more than the $7.53 million that went to lobbying in 2020. Google spent $2.2 million on lobbying in the fourth quarter of 2021.

Google's lobbying spend dipped in 2020 as it restructured its government relations teams.

The biggest technology companies, including Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc's Facebook (NASDAQ:FB) and Apple Inc (NASDAQ:AAPL), have been under pressure in Congress over allegations they abused their outsized market power.

A long list of bills have been introduced aimed at reining them in, but none have become law. One of the bills, which would stop the platforms from giving preference to their own businesses, passed the Senate Judiciary Committee on Thursday.

Google U.S. lobbying jumps 27% as lawmakers aim to rein in Big Tech
 

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Comments (5)
Honey Badger
Honey Badger Jan 20, 2022 11:38PM ET
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Lobbying is a legal word for bribery
MuraliKrishna Brahmandam
MuraliKrishna Brahmandam Jan 20, 2022 7:23PM ET
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2022 election funding starts. Buy the Congressmen
Robert Copeland
Robert Copeland Jan 20, 2022 7:04PM ET
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As long as there's lobbying, there will be no break up. Too much money changing hands. Lobbying is what needs to be done away with.
Dominic Mazoch
Dominic Mazoch Jan 20, 2022 6:44PM ET
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Break 'em up.
Simon Braun
Simon Braun Jan 20, 2022 6:40PM ET
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Jail for big tech
 
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