Facebook Lobbying Spend Up 196%, Google Up 70% Last Year in Effort to Sway Privacy, Antitrust Legislation
When you're crushing your competitors, it's the government that can be your biggest threat. That's why Google grew its lobbying spend 70 percent to $16.48 million in 2012 and Facebook's fees soared 196 percent to $3.99 million as the companies tried to buy government influence. Not everyone is so worried about Washington, though. Apple's yearly lobbying spend decreased 13 percent to $2.26 million. Google and Facebook's expenditures may have helped them escape punitive legislation and court rulings this time.