A new report highlights how lobbying in Brussels hit a record high resulting in industry-friendly policies at an unprecedented rate.
According to Corporate Europe Observatory, the biggest industry lobbyists in Brussels now spend almost €381.75 million annually on lobbying EU institutions, representing an increase of “nearly 50 per cent” compared to 2020.
The report identifies 173 companies and trade associations that each declare annual lobbying budgets of at least €1 million. Together they account for what the organisation describes as the largest corporate lobbying effort ever recorded in Brussels.
