Google Spends Millions to Fend Off Antitrust Case
When you dominate a market the way Google dominates the search market, you will almost inevitably face antitrust allegations sooner or later. For the past two years, Google has been subject of an FTC investigation because of the way the company allegedly arranges search results to feature its own products more prominently.
Last month the Federal Trade Commission closed the case, concluding that Google had not violated antitrust or anticompetition laws. The ruling was a major victory for the search giant, who avoids a sizeable fine but committed to voluntarily change some of its practices. In its quest to fend off the allegations, Google had massively upped its lobbying expenditure in the past two years. In 2012 alone, the company spent $16.5 million on lobbying, a 70 percent increase over 2011.
Compared to other companies in the tech industry, Google is by far the biggest spender in Washington. Industry heavyweights such as Microsoft and Apple spent $8.1 and $2 million in the past year, with the latter even cutting its lobbying budget by 13 percent compared to 2011.
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Google's revenue as of 3rd quarter 2014
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Google Play: number of available apps 2009-2014
- Monthly family expenditure in the United Kingdom (UK) 2012-2013, by family typeMonthly family expenditure in the United Kingdom (UK) 2012-2013, by family type
- IT spending growth forecast by segment in Latin America 2014IT spending growth forecast by segment in Latin America 2014
- Percentage of business customers requiring in-person meetings for business relation in the U.S. 2009Percentage of business customers requiring in-person meetings for business relation in the U.S. 2009
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