Tomahawk, WI 10/30/2013 (BasicsMedia) – Google Inc (NASDAQ:GOOG) continues to hog all the headlines for different reasons. The company never holds back when it comes to spending money on items it believes will help propel its cause further forward. The list of companies that have spent a lot of money on various lobbying activities has just been released and Silicon Valley businesses appear to have taken all the top positions. GOOG is perfectly justified to lobby various authorities and institutions since it needs a good working environment in order to keep giving investors value for their investments.

Google Inc Spends $10 Million on Lobbying in 2013

Google Inc has spent a total of $10 million during the first three quarters of 2013 in lobbying activities. However, GOOG’s total for this period is still much lower than what it spent in 2012 during the same period. What cannot be denied is the fact that GOOG is ranked first when talking about lobbying by Silicon Valley-based companies. Its total might be lower than what it spent in 2012, but it has spent more than other tech companies have. Its closest tech rivals that have spent a lot in this sector include both Facebook Inc as well as Apple Inc.

The latest lobbying results indicate that tech firms spent up to $132.9 million on lobbying federal authorities in 2012. GOOG led the list of tech firms after spending close to $16.5 million during the whole of 2012. Between 2010 and 2012, GOOG’s expenses in lobbying have grown exponentially from a low of $5 million to a high of $16.5 million last year. It is only in 2013 that the figure appears to have gone down a bit. There is hope that the company could yet reach the levels it managed to get to in 2012, by the time it will be releasing its fourth quarter results.

Reasons Why Google Inc Lobbies Federal Authorities

GOOG needs favorable laws in order to continue doing business like it has always done. It needs these laws to be passed in different areas that are important to the running of its business. Some of these areas include cyber security, copyright laws, patent protection and immigration reform to mention but a few. Google Inc has its own in-house team of lobbyists who work closely with others that it hires from outside. These lobbyists have been responsible for some of the laws that have been passed, more so those that have allowed GOOG to continue thriving in business.

Just like other tech firms, GOOG does not rely on lobbying as the only means through which it can reach lawmakers. These tech firms have adopted several social media campaigns that they are using aggressively to push their agenda and make sure they get the attention of Congress, and other relevant federal institutions or authorities. Leading personalities in this tech industry, such as Mark Zuckerberg of Facebook Inc, have formed advocacy groups like to help attract the attention of federal authorities with the capacity of institution change within this industry.

The lobbying and other aggressive media campaigns undertaken by Google Inc and other tech-based firms, are bearing fruit, and should be encouraged.

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