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Apple, Google, Facebook spent record amounts lobbying Washington

Jul. 21, 2017 1:50 PM ETApple Inc. (AAPL) StockAAPL, GOOG, META, GOOGLBy: Brandy Betz, SA News Editor15 Comments
  • Recode reports on the record lobbying money spent by Apple (NASDAQ:AAPL), Google (GOOG, GOOGL), and Facebook (NASDAQ:FB) in the past three months, which have included high-profile meetings with President Trump.
  • Apple spent $2.2M on issues such as tax reforms, a concern since Apple has a lot of cash overseas, and surveillance reforms that could impact what customer data the company has to turn over to government authorities.
  • Google spent about $5.4M and joined Apple in surveillance concerns but also lobbied about self-driving car regulations that could apply to its spin-off Waymo.  
  • Facebook spent $2.3M to fight against potential legislation that would limit how the company collects user data for ad sales.  
  • Previously: Tech lobbying group backs Apple in Qualcomm dispute (July 21)

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