Facebook spent more on lobbying than any other Big Tech company in 2020 | WHAT REALLY HAPPENED

Facebook spent more on lobbying than any other Big Tech company in 2020

In a year when examining the power of the Big Tech companies became a major theme across the federal government, the top five major players spent millions of dollars lobbying Congress on issues ranging from election integrity to immigration.

Tech companies disclosed their lobbying spending for the fourth quarter of 2020 late Thursday night, revealing big swings in spending from 2019 to 2020. Combined, however, the five Big Tech companies (Amazon, Apple, Facebook, Google and Microsoft) spent slightly less in 2020 than in the year before at $61.09 million, a 1.8% decrease.

In 2020, all of those companies except Microsoft saw their businesses probed by the House Judiciary subcommittee on antitrust, which concluded that each held monopoly power. Facebook and Google both saw new antitrust lawsuits from both state and federal enforcers and Amazon and Apple are both said to be under investigation by federal agencies. Meanwhile, the election and the pandemic brought to the forefront other questions about the tech companies’ practices, including how they moderate content, display ads and protect users’ privacy.

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