Tech companies break records, spending more money than ever on lobbying the EU – Computerworld

Read more at:

Major US tech companies are spending more money than ever lobbying the EU to influence its digital rules, Politico reports. Artificial intelligence and rules such as the Digital Markets Act (DMA) and the Digital Services Act (DSA) will be a particular focus.

A new analysis shows that 733 digital sector players together spend around €151 million a year on lobbying, compared to €113 million in 2023.

The biggest spenders are US companies such as Meta, Microsoft, Apple, Amazon, Qualcomm and Google. The top 10 tech companies now spend more than the top players in the pharmaceutical, financial and automotive industries combined. Meta is now the biggest lobbyist in the EU with an annual budget of over €10 million.

Source link

spot_img
Multi-Function Air Blower: Blowing, suction, extraction, and even inflation
spot_img

Leave a reply

Please enter your comment!
Please enter your name here