The heads of several of the largest technology companies in the United States are heading to Congress to testify before the Antimonopoly Judicial Committee on Wednesday at 9 a.m. / noon. Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Alphabet and Google CEO Sundar Pihai and Facebook CEO Mark Zuckerberg are scheduled to speak.
There were hearingsso that Washington can mourn John Lewis, a Democrat and civil rights leader who died of pancreatic cancer on July 17.
During the hearings, the subcommittee is “constantly investigating competition in the digital market.”; All companies have significant influence in their markets, and each is reportedly facing an investigation by the Ministry of Justice or a coalition of state attorneys.
“Since June last year, the subcommittee has been investigating the dominance of a small number of digital platforms and the adequacy of existing antitrust and law enforcement laws,” said Derrold Nadler, chairman of the Judiciary Committee, and David Tsitsilin, chairman of the antitrust committee.
“Given the central role that these corporations play in the lives of the American people, it is very important that their leaders be closest. As we have said from the beginning, their testimony is important to complete this investigation.”
All four leaders began putting forward their antitrust protests on Tuesday night, each of which published its opening statement. You can.
For a few hours until the hearing begins, here’s how you can proceed.
When does the hearing take place?
The hearing is scheduled for Wednesday, July 29, at 9 a.m. / noon. It is unclear how long the case will last.
Where does the hearing take place?
The scheduled hearing will take place at the Rayburn House office in Washington, DC.
Will the leaders appear in person?
Announcing the hearing, the accompanying press release stated that “according to the current rules of the Chamber, witnesses and members of the court are actually allowed to appear.” Given the ongoingpandemic, leaders are expected to appear remotely.
How can I watch?
The House subcommittee will broadcast the hearing on its YouTube channel. It will also be broadcast on cable channels such as C-SPAN.
Why is this important?
No matter what you do on the Internet, you are probably affected by at least one or more of these companies.
Apple and Google run and manage the two most popular mobile operating systems in the world iOS ‘ Apple App Store and Google Play Store Android.
In recent months, Apple has faced growing concerns about antitrust about its App Store practices.and
Amazon has an e-commerce namesake namesake and manufactures its own products, some of which compete with third-party products in its online store. This potential additional data, which Amazon has access to, came under fire after a Wall Street Journal report detailing how Amazon uses such data to help set pricing, determine what features to include, and decide whether to even participate in product categories.
After the story of the Magazine was published,.
Google and Facebook, in addition to the country’s most popular search engine and social network, respectively, dominate most of the digital advertising market.
Google no longer works, The Ministry of Foreign Affairs is expected to file its own lawsuit this summer.
Last year, Facebook found that the Federal Trade Commission had launched an investigation into the acquisition of Instagram and WhatsApp and whether they were made to stifle competition. In addition to Zuckerberg addressing Congress, he and CEO Cheryl Sandberg.