"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."
"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."
Spending by digital-sector players on EU lobbying rose to about €151 million annually from €113 million in 2023, driven by 733 organizations. Artificial intelligence and EU rules such as the Digital Markets Act (DMA) and the Digital Services Act (DSA) are primary focal points. The largest spenders are US technology firms including Meta, Microsoft, Apple, Amazon, Qualcomm and Google. The top 10 tech companies collectively outspend leading firms in the pharmaceutical, financial and automotive sectors. Meta operates the single largest EU lobbying budget, exceeding €10 million annually.
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