Facebook Spent $5M Lobbying Feds Over Last Quarter

Politico reports:

Facebook outspent nearly the entire D.C. influence industry on lobbying during the quarter ending Sept. 30, putting in its second most lavish three months ever, according to new filings from the social network embroiled in damaging revelations from whistleblower Frances Haugen.

The $5.1 million spree outpaces the company’s big tech peers Google, Amazon and Microsoft. In fact, the only entities that outspent Facebook on lobbying for the quarter were the U.S. Chamber of Commerce, the National Association of Realtors, Business Roundtable and the drug lobby PhRMA, according to disclosures filed late Wednesday.

The surge of congressional and executive branch lobbying came as Facebook faces an antitrust suit from the Federal Trade Commission as well as bills that could make it easier for regulators to break up the company.

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The $5.1 million spree outpaces the company’s big tech peers Google, Amazon and Microsoft https://t.co/jcxfJ9mUgO

— POLITICO (@politico) October 21, 2021