HomeAppleApple spends more than 3.5M euros lobbying EU, report says | AppleInsider

    Apple spends more than 3.5M euros lobbying EU, report says | AppleInsider


    Apple is said to spend more than 3.5 million euros (about $4.1 million) on lobbying European Union institutions as it weathers a barrage of antitrust investigations into various parts of its business.

    An in-depth report on Big Tech’s influence in European politics from the Corporate Europe Observatory and LobbyControl estimates Apple lays out between 3.5 million and 3.75 million euros on lobbying efforts aimed at EU entities.

    That puts the tech giant behind fellow tech industry heavyweights Google, Facebook and Microsoft, whose lobbying budgets are reportedly set at 5.8 million, 5.5 million and 5.3 million euros, respectively. When considering all corporations, Apple’s spending puts it in sixth place behind Bayer and Shell — Google, Facebook and Microsoft retain their positions at the top of the list.

    In terms of lobbyists, Apple fields about 4.5 full time equivalents, still at the upper echelons of lobbying power. Huawei leads the infrastructure provider sector with 19 FTE lobbyists, while Facebook comes in with 14 FTE lobbyists. Google and Amazon conduct operations with a respective 5.5 FTE and 5 FTE lobbyists.

    Big Tech companies also outsource lobbying duties to consultancies. According to the report, Google, Apple, Amazon, Facebook, Microsoft and Qualcomm relied on lobby consultancies the most out of all examined corporations in 2019 and 2020. Google spent a reported 1.28 million euros on 12 consultancies, while Apple and Qualcomm both spent 1.3 million euros.

    Apple is not known for its lobbying prowess and only recently began to seriously invest in engaging government bodies as scrutiny over its business increased. In 2019, for example, the tech giant spent $7.4 million on U.S. efforts, a fraction of what Facebook, Amazon and Google paid over the same period.


    Source link

    Md Kashif Ali
    Md Kashif Ali
    Hey Guys Its Kashif, Founder of Tech Fire. I spend most of my free time creating content for my YouTube channel and this website. I started my YouTube channel at age 15 and my goal was to teach people what they can do with their gadgets.


    Please enter your comment!
    Please enter your name here

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    - Advertisment -

    Most Popular