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Excerpt:
“Since the landmark Citizens United decision in 2010, super PACs have become a fixture of U.S. political campaigns. But despite the initial anticipated boom in corporate influence in elections, most super PAC funding to date has come from wealthy individuals, closely-held corporations, and nonprofits, not from large for-profit corporations.
However, there is an emerging shift in the super PAC landscape. Not only are larger corporations making sizeable contributions to super PACs, but corporations are now banding together to support even larger super PACs focused on the interests of a specific industry. Companies and industries considering starting or funding one of these new types of super PACs—what we refer to as “mega PACs” due to their increased size and prominence—should consider a series of issues before getting involved, as detailed below.”
