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Facebook Leads Big Tech Spending in Washington

By
Christopher Stern
· · Source: The Information

Facebook spent $5.3 million lobbying in Washington in the first quarter, a 55 percent increase over the same quarter last year and a record amount for the company, according to lobbying disclosure forms filed with the U.S. Senate. Facebook boosted spending as it seeks to fend off increased antitrust scrutiny. At the same time, it is also trying to win regulatory approval for Libra, a digital...

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