Broadcasters and tech giants are writing big checks to state officials, who have weighed in on mergers. Corporate donations to state attorneys general are setting records this year as companies seek influence with officials who hold significant power over merger approvals and regulatory enforcement. The surge in contributions comes amid heightened antitrust scrutiny of major technology and media transactions.

State AGs have emerged as key players in reviewing corporate combinations, with their offices able to investigate, sue, or negotiate settlements that can reshape deals. Companies including major broadcasters and technology platforms have dramatically increased giving to AG associations and political action committees. The donations raise questions about potential conflicts of interest when state officials later evaluate mergers involving contributors.

Campaign finance records show the pace of giving has accelerated compared to previous election cycles. Critics argue the contributions create an appearance of impropriety, while defenders maintain they are legal political participation. The trend highlights the growing importance of state-level antitrust enforcement in an era of federal gridlock.