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Amazon severs ties with top lobbying firms

Published 03/30/2018, 05:57 AM
© Reuters.  Amazon severs ties with top lobbying firms
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  • Amazon (NASDAQ:AMZN) has cut ties with top lobbying firms in Washington, including Akin Gump Strauss Hauer & Feld and Squire Patton Boggs, and has brought on new advisors, Bloomberg reports.
  • While the change took place a week ago, it comes as President Trump challenges the retail giant for not paying enough taxes, taking advantage of the U.S. postal system and putting small retailers out of business.
  • Amazon has increased its lobbying spending more than 400% in the last five years, shelling out nearly $13M in 2017.
  • Now read: De-F.A.N.G.ing My Portfolio


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