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Following Tech’s Money Trail In Washington

February 4th, 2010 02:28 admin Leave a comment Go to comments

snydeq writes “Having outlayed $111 million to gain political influence in 2009, the tech industry is clearly learning how to play the lobbying game, writes InfoWorld’s Bill Snyder. And while longtime lobbying stalwart General Motors nearly outspent the tech industry on its own, the rise of lobbying among tech giants, especially those under antitrust scrutiny, is staggering. Google, which has been drawing interest from the feds over its online advertising business, has increased its efforts twelve-fold in the past four years. And while Google frames its sudden increased interest in Washington as a matter of growth inspiring greater civic responsibility, the company may find itself sucked further into Washington, now that it is party to an international spat involving both the US and Chinese governments. Among those that top the list of tech lobbyists, Oracle, Intel, and Microsoft all have come under scrutiny in the past year, with Intel accused of monopolistic practices and Oracle requiring sign off on its merger with Sun.”

Source: Following Tech’s Money Trail In Washington

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