×
Home National Politics Business Bangladesh International Sports Entertainment Law & Justice More News Capital News Health Features Business Icon Technology Media Features Economy Education Literature Quran & Hadish Photo Gallery Editorial Religion Tours & Travels Tourism Guide Editors Corner Campus Youth Popular Organizations Country Wide Life Style Jobs Prism Notice History & Culture Messages Op-ed Wildlife Activities Foreign relation Accident Environment Asia Videoes Analysis Energy Book Reviews Literature Others KSA Arab World Cricket Football More Banking Corporate Global economy Real Estate Entrepreneur Start-up Telecom Summit Travel Art and Culture Food Book Fourth Estate View Letters to Editor Political Icon Diplomat Scholarship Career Job
☰
Wednesday 11th of November 2026 E-paper
* Singapore launches gold storage service for central banks   * RMG exports to new markets, including Japan and Turkey, rise by 9.5pc   * Substandard universities producing unemployed graduates: President   * Duchess of Edinburgh visits Rohingya camps in Cox’s Bazar   * সরবরাহ বাড়লেও কমেনি ইলিশের দাম   * মানহীন বিশ্ববিদ্যালয় উচ্চ ডিগ্রিধারী বেকার তৈরি করেছে : রাষ্ট্রপতি   * আশুলিয়ায় ফের শ্রমিকদের সড়ক অবরোধ, টিয়ারশেল ছুড়ে ছত্রভঙ্গ   * Six 100-bed hospitals in industrial areas: PM   * ‘শেখ হাসিনার পাসপোর্ট আবেদনের আইনি ভিত্তি যাচাই হচ্ছে’   * China`s producer prices top forecasts in October  
   Business
  From potato chips to silicon chips: lobbies cover all in Brussels

(BSS/AFP) - If there is an industry for it, there will be a lobby group representing its interests in Brussels, home to the European Union`s institutions.

The biggest spenders are the digital, banking and energy sectors, according to civil society groups.

Businesses were set this year to pour a minimum of 381.7 million euros ($443.1 million) into lobbying EU institutions, up 7.8 percent compared to 2025, said a June report by two campaign groups, Corporate Europe Observatory and LobbyControl.

- Big Tech, big spending -

Digital titans including Amazon, Apple and Meta spent 73 million euros on EU-focused lobbying annually, the same report said.

That is not surprising since the EU has strengthened its legal armoury against Big Tech in the past few years, with plans for more rules on the way.

Facebook parent Meta tops the list with around 10 million euros spent annually. Its Brussels lobbying operation involves 44 people, working either full-time or part-time.

The digital industry including Big Tech ploughed significant time and effort into lobbying against stricter rules on artificial intelligence in Europe.

It also benefits from plenty of political support from US President Donald Trump`s administration, which has railed against the EU`s tech laws.

But that has not stopped the bloc from slapping fines on major players.

- Banking, energy and chemicals -

Behind tech is the finance sector, spending 66.7 million euros annually, according to Corporate Europe Observatory and LobbyControl.

The Association for Financial Markets in Europe (AFME), which represents major banks, is one of the most influential lobbying groups in Brussels.

The association spends around six million euros annually, and is no doubt preparing for next year`s battle over banking regulations.

The European Commission is set to propose an easing of rules, and banks want to secure as much flexibility as possible under the future changes.

The energy and chemical sectors also devote substantial sums to lobbying in Brussels, respectively spending 52 million euros and 46.5 million euros annually, the two campaign groups` report said.

A highly influential trade association is the European Chemical Industry Council, which reports spending 12.3 million euros a year to defend the sector`s interests.

It employs 169 people in total, including more than 45 full-time lobbyists.

- Spuds, snacks and horses -

A brief search of the EU`s Transparency Register, to which organisations must sign up, throws up a wild mix of groups representing various interests.

Among thousands of associations featured, for example, the European Potato Trade Association, Detergents Europe and the European Snacks Association.

There is even the European Horse Network, whose meetings with EU chief Ursula von der Leyen -- a well-known equine enthusiast -- were criticised by Corporate Europe Observatory for violating the commission`s code of conduct.



  
Share Button
  

    
Singapore launches gold storage service for central banks
.............................................................................................
RMG exports to new markets, including Japan and Turkey, rise by 9.5pc
.............................................................................................
China`s producer prices top forecasts in October
.............................................................................................
DBBL holds strategic conclave in Khulna
.............................................................................................
Bank of England set to raise rate as inflation jumps
.............................................................................................
Green Transition Working Group launched to boost green financing for SMEs
.............................................................................................
Spain-Bangladesh Expo opens in Seville, eyes trade boost
.............................................................................................
Imports, LCs rise ahead of Ramadan; supply outlook positive
.............................................................................................
Oil tanker on fire after hitting mine in Hormuz: Iran`s Guards
.............................................................................................
China growth narrowly beats forecasts
.............................................................................................
Banks, stock markets to remain closed for 5 days from Tuesday
.............................................................................................
DBBL holds Strategic Conclave for Rajshahi and Rangpur Regions
.............................................................................................
Govt approves LNG purchases from five international suppliers
.............................................................................................
Talks underway with World Bank for additional $10b in assistance: Khosru
.............................................................................................
Bangladesh Fintech awards honour 21 financial innovations
.............................................................................................
DBBL holds Strategic Conclave for Noakhali and Cumilla Regions
.............................................................................................
Comfystyle Opens First Flagship Outlet in Banani, Eyes Nationwide Expansion
.............................................................................................
Oil rises and stocks fall as Hormuz worries flare
.............................................................................................
Dutch-Bangla Bank holds strategic conclave for Barishal region
.............................................................................................
Bangladesh, Pakistan move to deepen textile and apparel trade ties
.............................................................................................
 realme is set to launch its new C-Series smartphone promising all-round usability
.............................................................................................
Oil down, but stocks lower as bond yields rise
.............................................................................................
Govt takes initiative to reopen jute mills, create 50,000 jobs
.............................................................................................
Bangladesh Trade Mission eyes export, investment boost in Saudi Arabia
.............................................................................................
Sammilito Islami Bank holds14th Board Meeting
.............................................................................................
Pakistan Exhibition to showcase business opportunities for Bangladesh
.............................................................................................
SammilitoIslami Bank’s Subsidiary EIIL Gets New Body
.............................................................................................
JICA seminar focuses on development cooperation amid global challenges
.............................................................................................
Betancourt family retains majority share in firm at heart of US-Venezuela oil deal
.............................................................................................
US market sees record 25.65pc growth in Bangladesh RMG exports in August
.............................................................................................
Asian stocks stutter as traders prepare for Fed decision
.............................................................................................
From potato chips to silicon chips: lobbies cover all in Brussels
.............................................................................................
Allegations of Favoring Specific Quarters: Threat of New Action if Demands Aren`t Met BARVIDA Demands Reinstatement of Used EV Import Rights with Oversight Mechanisms
.............................................................................................
Prof. Md. Maksudur Rahman Sarker FCMA Elected New Chairman of SBAC Bank
.............................................................................................
Crude pushes towards $100 on Mideast flare-up, fanning inflation fears
.............................................................................................
Japanese shipping giant MOL eyes investment in Bangladesh’s Ship Recycling Sector
.............................................................................................
Dollar rallies after Fed chief lifts rate expectations
.............................................................................................
French economy stalls in Q2, inflation speeds up
.............................................................................................
Stocks edge higher as oil drops on fresh Mideast hopes
.............................................................................................
Canada unveils counter-tariffs of 15-50% on US goods
.............................................................................................
Stocks stagger and oil rises as traders eye Iran threat, Nvidia results
.............................................................................................
Chinese traders eye on Bangladeshi fruits, farm products at Kunming festival
.............................................................................................
Japan July core inflation accelerates to 1.8%
.............................................................................................
Connecting Bangladesh to the World: Yes Aviation Marks Its Grand Entry
.............................................................................................
Policy reform must translate into action to restore investor confidence
.............................................................................................
Oil spill off Oman reaches coastline: state media
.............................................................................................
Dow hits fresh record as oil prices tumble
.............................................................................................
USBCCI celebrates America’s 250th anniversary styled “Celebrating 250 Years of Service & Beyond-America 250”
.............................................................................................
Crude jumps on fresh Mideast flare-up, tech rout deepens
.............................................................................................
Asia stocks slide on China chip breakthrough report
.............................................................................................
Chief Advisor: Md. Tajul Islam,
Editor & Publisher Fatima Islam Tania and Printed from Bismillah Printing Press, 219, Fakirapul, Dhaka-1000
Editorial Office: 219, Fakirapul (1st Floor), Dhaka-1000.
Phone: 02-41070996, Mobile: 01720090514, E-mail: muslimtimes19@gmail.com
2022 @ All Right Reserved By www.themuslimtimes-bd.com