Mark Zuckerberg, Sundar Pichai, Jeff Bezos, Tim Cook to testify before US Congress
The tech CEOs will face allegations that their companies stifle competition
Chief Executives Officers of Amazon, Apple, Facebook and Google will on Wednesday appear before the US Congress to defend accusations that they stifled rivals and harmed consumers, according to media reports.
This is the first time that Jeff Bezos of Amazon, Tim Cook of Apple, Mark Zuckerberg of Facebook and Sundar Pichai of Google will appear together before Congress to defend their business practices.
The appearance reportely follows more than a year's investigation of the internet giants by the Members of the House judiciary’s antitrust subcommittee. The business leaders will be testifying via videoconference.
"Amazon is accused of abusing its role as both a retailer and a platform hosting third-party sellers on its marketplace. Apple has been accused of unfairly using its clout over its App Store to block rivals and to force apps to pay high commissions. Rivals have said Facebook has a monopoly in social networking. Alphabet, the parent company of Google, is dealing with multiple antitrust allegations because of Google’s dominance in online advertising, search and smartphone software," stated one of the reports.
At the hearing, the 15 members of the antitrust subcommittee will have five minutes for each question. Representative David Cicilline, Democrat of Rhode Island and the chairman of the subcommittee, will control the number of rounds of questioning.
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