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Assignment:
Facebook outspent nearly the entire D.C. influence industry on lobbying during the quarter ending Sept. 30, putting in its second most lavish three months ever, according to new filings from the social network embroiled in damaging revelations from whistleblower Frances Haugen.
The $5.1 million spree outpaces the company's big tech peers Google, Amazon and Microsoft. In fact, the only entities that outspent Facebook on lobbying for the quarter were the U.S. Chamber of Commerce, the National Association of Realtors, Business Roundtable and the drug lobby PhRMA, according to disclosures filed late Wednesday.
The surge of congressional and executive branch lobbying came as Facebook faces an antitrust suit from the Federal Trade Commission as well as bills that could make it easier for regulators to break up the company. The quarter also marked the beginning of a still-rolling crisis inspired by Haugen, who provided documents to Congress, the Securities and Exchange Commission and the news media backing up accusations that Facebook knowingly concealed data showing the social harm its products inflict. (Facebook has denied the accusations.)
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