Facebook, Amazon Set Lobbying Records as Tech Scrutiny Grows
- Google decreased second-quarter spend, cut outside lobbyists
- Trade groups also spent on lobbying against Trump’s tariffs
Facebook has been trying to win support for its Libra cryptocurrency, which took a beating from lawmakers in both houses of Congress during two days of hearings last week.
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Facebook Inc. and Amazon.com Inc. set records for lobbying in the second quarter as Washington ramped up scrutiny of big technology companies, while Google’s spending dipped as it continued to reshuffle its influence operations.
The world’s largest social media site spent more than $4.1 million on lobbying, the most among big internet platforms, an increase from its previous high in the same period a year earlier.