Apple (AAPL), Google (GOOG), Microsoft (MSFT) and other leading technology companies spend millions each year lobbying Washington, and now Samsung (005930) is learning that it too needs to grease the wheels a bit more actively if it hopes to compete with top rivals in the U.S. According to regulatory filings analyzed by Bloomberg, Samsung boosted its lobbying spend to $900,000 in 2012, up 500% from $150,000 in 2011. Rival Apple spent twice that amount in 2012 and Google spent a whopping $18.2 million. Samsung’s lobbying expenses will likely rise even faster in 2013 as it continues to battle Apple in court.
The price of success: Samsung’s lobbying spend grew 500% in 2012
Published Mar 7th, 2013 3:50PM EST
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Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
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