[ad_1]

Apple spent $2.5 million on political lobbying in the first quarter of 2022, a record high as the company faces increased App Store antitrust pressure from Congress.

App StoreIn 2021 it was Amazon and Meta that were spending record high amounts on lobbying, while Apple actually decreased its own spend. Now filings covering the first quarter of 2022 show that Apple has stepped up its efforts as it tries to combat proposed legislation that could mean changes to its App Store.According to Bloomberg, Apple spent $2.5 million from January 2022, through to March 2022. That’s an increase of over 34% on its $1.86 million spend in Q4 2021, and more than 13% higher than the previous record of $2.2 million in Q2 2017.

Read more…

[ad_2]

Source link