24 Jan '12, 6pm

Google Increases Fourth Quarter Lobbying Budget by 300%

Google Increases Fourth Quarter Lobbying Budget by 300%

With the ongoing battle related to the Stop Online Piracy Act (SOPA), antitrust allegations, privacy concerns, and acquisitions and mergers, Google has been steadily increasing the funds allocated to federal lobbying. According to the mandatory filings with the Lobbying Disclosure Act Database, Google spent $9.68 million during 2011 lobbying federal lawmakers. This number, which marks an 88% increase over the 2010 federal lobbying budget of $5.2 million, is likely to be increased further in the near future. Although Google increased its lobbying spend during every quarter of 2011, the greatest percentage of growth occurred in the fourth quarter. During the fourth quarter of 2010, the technology giant spent $1.24 million on lobbying. However, in the fourth quarter of 2011, the lobbying budget was increased to nearly $4 million. John Simpson, a spokesperson for Consumer Watc...

Full article: http://www.searchenginejournal.com/google-increases-lobby...

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