Google is now No. 8 on the list of biggest investors
Google’s lobbying efforts in Washington has catapulted it to the top 10 list of biggest spenders.
Google is now No. 8 on the list of biggest investors at $18.2 million USD for 2012. It spent over $5 million in Q1 2012 alone, which was more than Apple, Microsoft, Facebook and Amazon combined for the quarter.
Google even passed up American global aerospace company Lockheed Martin.
The search giant has been using this budget to lobby on immigration reform, updates on the Electronic Communications Privacy Act, legislation that would hinder patent troll companies that accumulate patents and use them to sue companies like Google, and ways to make it more difficult for law enforcement to gain access to e-mails.
Google also wants the Federal Communications Commission (FCC) to keep space open for Wi-Fi.
Google, at one time, had no use for Washington. It didn’t even have a Washington operation until 2005. But Google has since hired Susan Molinari as its chief Washington lobbyist in order to push Congress on issues that are vital to Google’s survival — and Molinari’s methods seem to be working.
Molinari, who has been Google’s chief Washington lobbyist since 2012, has not only lead Google in its lobbying investments, but also helped it out of some tough situations.
For instance, Molinari helped Google escape a nearly two-year U.S. Federal Trade Commission (FTC) investigation without paying any fines. Instead of paying fines, the FTC made Google promise that it would stop scraping reviews and information from other websites, stop requesting sales bans when suing companies for patent infringement and allow advertisers to export data in order to evaluate advertising campaigns.
Molinari also helped Google protest SOPA (Stop Online Privacy Act) and PIPA (Protect IP Act).
Google currently has 14 registered lobbyists on its team. Its entire Washington office (including engineers and lawyers) now has more than 100 people.
Source: The New York Times