In May 1952, Árbenz enacted Decree 900, the official title of the Guatemalan agrarian reform law. Approximately 500,000 people benefited from the decree. The United Fruit Company lost several hundred thousand acres of its uncultivated land to this law, and the compensation it received was based on the undervalued price it had presented to the Guatemalan government for tax purposes. The company therefore intensified its lobbying in Washington D.C. against the Guatemalan government. The law convinced the US government that the Guatemalan government was being influenced by communists.