Apple Spent A Fortune For Lobbying In 2022, The Hustle Claims

In 2022, while Amazon, Meta, Google, Microsoft, and Apple collectively increased lobbying budgets by 5%, Apple actually threw caution to the wind by hitting the gas and raising its expenditure by growing 44% to $9.4 million, Olivia Heller reported for the Hustle.

Photo Insert: Public filings show the company lobbied on antitrust bills, online privacy issues, taxes, semiconductors, climate change, immigration, LGBTQ issues, and more.

Public filings show the company lobbied on antitrust bills, online privacy issues, taxes, semiconductors, climate change, immigration, LGBTQ issues, and more, CNBC disclosed.

Semiconductors were not left behind, with Intel raising its lobbying kitty by 72% to more than $7 million while Micron also spent $4.2 million, which was 118% higher year-on-year, as the US government worked on the CHIPS and Science Act.

Coinbase spent $3.4 million for lobbying in 2022 and the Blockchain Association expanded its spending 111% year-on-year. TikTok’s parent ByteDance’s lobbying spend ticked up 4% to $4.9 million.

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