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Stock impact report

Google Outspent Every Other Company on Washington Lobbying Last Year [Fortune]

Alphabet Inc. - Class C Capital Stock (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: Fortune
Google might not be the first thing that comes to mind when you think about government lobbying, but the search giant spent more than any other company on the effort last year. Breaking its own record, Google (googl) spent over $18 million on lobbying efforts in Washington in 2017, advocating its position on a range of issues, including immigration, tax reform, and online advertising. It outspent both its tech rivals and companies from other industries like media and telecoms. And according to the Center for Responsive Politics, it is the first time that a tech company has spent the most on lobbying efforts. Read: Google Purges Shady Overseas Sites in Latest Blow to Fake News It was a record spending year for a number of other tech companies as well. Facebook spent $11.6 million on lobbying efforts, Amazon $12.8 million, and Apple $7.1 million. Each of these company’s expenditures grew by well over $1 million from the year prior. All told, the combined e Show less Read more
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