Tech companies spend more than €100 million a year on EU digital lobbying
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Euronews (English)
Euronews (English)
The latest figures reveal that 651 companies and associations collectively spend more than €113 million a year on EU digital lobbying, up by 16.5% from €97 million in 2021. The top 10 digital corporations alone account for more than a third of the total spending on lobbying at €40 million. Landmark EU legislation to curb the power of Big Tech – the Digital Markets Act (DMA) and Digital Services Act (DSA) – and the bloc’s new AI rulebook are prompting technology companies to intensify their lobbying power, CEO and LobbyControl say. Both NGOs are calling for stricter lobbying rules to address th…