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You should ask yourself: how can a for-profit company like AT&T justify spending $16million on something with $0 ROI?
by curtis3389 6y ago
You should ask yourself: how can a for-profit company like AT&T justify spending $16million on something with $0 ROI?
- asdfadsfgfdda 6y agoFor a company that made $180 billion in revenue, $16 million is only .009%. I'm not denying that lobbying is effective, but there's clearly a limit. There are probably thousands of individual government regulations that each could cost AT&T more than $16 million per year. If lobbying was as powerful as some think, why don't they lobby even more?
- marketingPro 6y ago0 ROI? Are you aware of the total monopoly they have in parts of the country? Without lobbying, competition would have destroyed profitability of telecommunications.