Facebook pours $4M into lobbying efforts
Facebook spent nearly $4 million trying to influence Washington policymakers in 2012, the most the social networking company has spent on lobbying in its short history.
The company, which has come under increased scrutiny from regulators and Congress on its handling of users’ personal information, spent $1.4 million on lobbying in the fourth quarter of 2012. That's more than three times the amount Facebook spent during the same period a year ago, when the company’s lobbying spending totaled just $440,000. In total, Facebook nearly tripled the amount it spent on lobbying in all of 2012, up from $1.3 million in 2011. In the fourth quarter, Facebook lobbied lawmakers and federal agencies on a range of online privacy issues, such as protecting children's safety online and "Do Not Track" privacy policies, as well as high-skilled immigration reform, international regulation of software companies, cybersecurity and educating lawmakers on online advertising. Facebook also lobbied on issues regarding restrictions on Web access in foreign countries and protecting freedom of expression online.
Facebook pours $4M into lobbying efforts