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Comcast, U.S. telcos gave US$88 million to lawmakers in 2015

Bill Snyder | Feb. 26, 2016
Do you ever wonder why U.S. cable companies aren't more heavily regulated? One possible reason: Comcast and other telcos spent more on lobbying last year than the aerospace and real estate industries, according to Open Secrets.

There's nothing illegal about what Comcast and its allies do with their lobbying dollars; all kinds of companies spend money on lobbying. It's up to you to decide if that's compatible with democracy. However, it's hard to believe that all the money spent cultivating politicians and regulators doesn't give telcos a significant advantage over consumers.

 

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