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> Comcast has spent more than $10 million on lobbying in Washington this year One of the remarkable things about our political system is how little money (rela
by ogre_codes 6y ago
> Comcast has spent more than $10 million on lobbying in Washington this year
One of the remarkable things about our political system is how little money (relatively) it takes to lock in a multi-billion dollar advantage. In terms of benefits per dollar spent, lobbying is one of the most profitable investments an established company can make.
Want to shut out new competition? $100k
Prevent municipal broadband? $10m
Get affordable access to a low-cost corridor for your facilities/ network? $20m
etc etc.