“Apple Inc., which has been boosting its presence in the U.S. capital, increased spending on lobbying efforts 16 percent during the first three months of this year, including on issues related to mobile payment,” Tim Higgins reports for Bloomberg.
“The Cupertino, California-based tech company spent $1.24 million during the quarter compared with $1.07 million in the same period last year, Apple said in a lobbying report filed Monday,” Higgins reports. “Apple listed a variety of subjects, such as taxation and consumer privacy, as topics of its discussions with government officials. The company’s representatives also advocated on ‘issues related to mobile payments’ before the Treasury Department and members of the Senate and House, according to the filing.”
“President Barack Obama announced in a February visit to Palo Alto, California, that Apple’s new mobile payment system will be enabled for users of federal-payment cards, including Social Security and veterans’ benefits that are paid out via debit cards,” Higgins reports. “Apple’s lobbying expenses still lag behind its tech competitors. Google Inc., for example, spent $5.47 million during the past quarter, according to its filing.”
Read more in the full article here.
MacDailyNews Take: Money makes D.C. go round.
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Lobbying should be done for the good of U.S. Citizens not corporations, unless there is an evident and significant benefit to both. I think Pay fits this description.
Obama is a fraud, but I’ve been telling you that since 2007.
Perhaps you need to focus your attention on things you can improve instead of whining about not getting your way 100% of the time.
Americans keep getting the best government that corporations can buy …
We now officially live in a corporatocracy. Apple is forced to play this Corporate Overlord game just to be heard in corrupt POS DC.
Corporations now spend more lobbying Congress than taxpayers spend funding Congress
Once upon a time, elected officials represented voting citizens…