Apple ramped up lobbying spending in 2022, outpacing tech peers (2024)

Chief Executive Officer of Apple Tim Cook (L) arrives at the White House to attend a state dinner honoring French President Emmanuel Macron, in Washington, DC, on December 1, 2022.

Roberto Schmidt | AFP | Getty Images

Apple ramped up its lobbying spending last year, increasing its total for the year by 44% compared to 2021, according to public disclosures.

Though Apple's lobbying spending grew the most in the past year compared to peers in the industry, it still spends far below other tech giants. Apple's total lobbying efforts came to nearly $9.4 million for all of 2022, a record for the company but just below Microsoft's $9.8 million and Google's $10.9 million.

Amazon and Facebook-owner Meta topped the list by total spend, doling out $19.7 million and $19.2 million, respectively. For Amazon, that was a roughly 2% increase in spend compared to 2021 and it was a 4.6% decrease for Meta.

The five tech giants spent a combined nearly $69 million lobbying the federal government last year, a 5% increase compared to 2021.

In 2022, tech giants faced the prospect of bipartisan legislation that would be highly disruptive to their business models. Such measures included antitrust bills that would prohibit large platforms or online marketplaces from unfairly promoting their own products over others listed on their forums, or prevent app stores from forcing developers to use their in-app payment system, from which they often take a cut.

Those measures ultimately never got a vote on the floor of either chamber of Congress — a fact that the bills' sponsors have blamed at least in part on an aggressive tech influence campaign.

Apple's public filing shows it engaged on the antitrust bills in the fourth quarter, as well as on issues including online privacy, taxes, semiconductor policy, content moderation, climate change, immigration and LGBTQ issues including the Respect for Marriage Act. Lobbying disclosures do not include details on what exactly companies advocated for in their discussions.

An Apple spokesperson was not immediately available to comment.

Other tech companies engaged on many of the same issues, though some also lobbied on topics more specific to their businesses. For example, Amazon engaged on cloud computing and the INFORM Consumers Act, a bill that recently passed through Congress that seeks to deter counterfeit goods from being sold online.

Semiconductor companies also saw big increases in their lobbying spending last year as the government considered the CHIPS and Science Act, successful legislation that provides incentives to help grow U.S. computer chip production.

Intel, which has pledged to spend up to $100 billion on a chip manufacturing plant in Ohio, ramped up its lobbying spend more than 72% compared to last year, totaling more than $7 million. Micron, which made a similar pledge to build a chip production facility in upstate New York, grew its lobbying spending by about 118% compared to 2021, totaling nearly $4.2 million.

Crypto and fintech companies also saw a marked increase in lobbying spending in 2022, a year marked by crypto scandal, though many still spend a relatively small amount. Coinbase resumed lobbying efforts last year after a long hiatus, according to a public database. It's quickly grown its operations, spending $3.4 million in 2022. The Blockchain Association, which represents a variety of companies in the space and has only lobbied for a few years, grew its spending 111% compared to 2021.

Another company that has been in the government's crosshairs, TikTok owner ByteDance, saw only modest growth in spending this year, up about 4% from the year prior at $4.9 million. Congress successfully passed a ban of the app on government devices. It comes as the company seeks to reach a resolution with the Committee on Foreign Investment in the U.S. to continue operations while mitigating the risk of its connections to a Chinese owner, which has raised alarms for intelligence officials and policymakers. After having its biggest lobbying quarter in Q2, topping $2 million, it dropped its spending below $1 million for the next two quarters.

Subscribe to CNBC on YouTube.

WATCH: Here's how the lobbying industry works

Apple ramped up lobbying spending in 2022, outpacing tech peers (1)

watch now

VIDEO14:5614:56

Lobbying: A $3.5 billion industry

Absolutely, I can dive into that for you. Lobbying within the technology sector is a fascinating intersection of corporate strategy, legislative influence, and industry dynamics. My expertise in this area comes from an in-depth understanding of corporate lobbying practices, tech industry trends, and the regulatory landscape.

In the provided article, there's a detailed insight into the lobbying expenditures of major tech companies like Apple, Microsoft, Google, Amazon, and Meta (formerly Facebook). The figures presented showcase the substantial amounts invested in influencing policies and regulations to safeguard their business interests. For instance, Apple significantly increased its lobbying spending by 44%, reaching nearly $9.4 million in 2022. However, this amount is still notably lower compared to the expenses of other tech giants like Microsoft and Google.

The article touches upon the broader context of the tech industry facing potential bipartisan legislation that could disrupt their business models. It discusses various bills related to antitrust measures, app store regulations, and the promotion of fair competition. Despite the looming threats, these bills didn't progress to a vote due to what sponsors claim was a powerful lobbying effort by tech companies.

Furthermore, the piece highlights the diverse range of issues these companies engaged in through their lobbying efforts, including antitrust, online privacy, taxes, semiconductor policies, content moderation, climate change, immigration, and LGBTQ issues.

Apart from the tech giants, semiconductor companies also escalated their lobbying spends in tandem with government considerations like the CHIPS and Science Act, which aimed to bolster domestic chip production.

Moreover, the article sheds light on the increased lobbying expenditures by crypto and fintech companies, even though their spending levels remained relatively modest compared to tech behemoths. Coinbase and the Blockchain Association notably increased their lobbying budgets, reflecting the growing importance of regulatory advocacy in the crypto space.

Additionally, the article touches upon the lobbying activities of ByteDance, the owner of TikTok, which faced moderate spending growth. This occurred amid government scrutiny and concerns regarding its Chinese ownership, leading to discussions with regulatory bodies to continue its operations within the United States.

This detailed analysis underscores the significance of lobbying in shaping technology policies, regulatory landscapes, and business environments, showcasing the strategies and monetary commitments of major tech players to safeguard their interests and navigate complex legislative landscapes.

Apple ramped up lobbying spending in 2022, outpacing tech peers (2024)
Top Articles
Latest Posts
Article information

Author: Rueben Jacobs

Last Updated:

Views: 6058

Rating: 4.7 / 5 (57 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Rueben Jacobs

Birthday: 1999-03-14

Address: 951 Caterina Walk, Schambergerside, CA 67667-0896

Phone: +6881806848632

Job: Internal Education Planner

Hobby: Candle making, Cabaret, Poi, Gambling, Rock climbing, Wood carving, Computer programming

Introduction: My name is Rueben Jacobs, I am a cooperative, beautiful, kind, comfortable, glamorous, open, magnificent person who loves writing and wants to share my knowledge and understanding with you.