Does Facebook Need To Spend More On Lobbying?
The lobbying disclosure database revealed Facebook spent a total of $351,390 last year on lobbyists. Meanwhile, Apple spent $1.6 million, Yahoo spent $2.21 million and Google spent whopping $5.2 million in 2010.
The social network has only had a presence in Washington D.C. for a couple of years, so we shouldn’t be surprised to learn that Facebook spent only $351,390 on lobbyists in 2010, a mere sliver of what competitors like Yahoo and Google spent.
According to the U.S. Senate’s lobbying disclosure database, Apple spent $1.6 million, Yahoo spent $2.21 million and Google spent $5.16 million on lobbying in 2010.
While these competitors have established lobbying operations, Facebook is still getting started.
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