Amazon, Apple, Facebook, and Google Will Testify at House Antitrust Hearing

Amazon, Apple, Facebook, and Google Will Testify at House Antitrust Hearing

The House committee probing antitrust in the is going to call some leading companies. Advisor for antitrust panel Rep. David Cicilline has validated that the committee is going to arrange a hearing in the upcoming week. Thus representatives from Amazon, Apple, Facebook, and Google will appear before the House of Antitrust Subcommittee on July 16. The subcommittee has declared that the hearing is on dominant platforms and innovation. During the trial, they will discuss the enormous market power managed and governed by online platforms. Even more, the committee aims to interrogate the tech giants mentioned above. Still, it is unclear what would be the exact topic. It seems like; the hearing will follow the primary competitive issues that triggered the inquiry.

The hearing arrives as the tech companies have been put on the defensive by governments across the globe worried over their market power and collection of personal information. So politicians, including democrats and republicans have been concerned that those companies have command of the internet. Even more, leaders surmise the tech companies might misuse their power to squeeze out competition.

The subcommittee will correspond with two groups of witnesses. One panel will include executives from Apple, Google, Facebook, and Amazon. The group of policy executives includes Adam Chen Google’s director of Economic Policy, Nate Sutton Amazon’s Associate General Counsel, Matt Perault Facebook’s Head of Global Policy Development, and Kyle Andeer Apple’s Chief Compliance Officer. On the other hand, the second panel is made up of veterans and some of Big Tech’s largest criticizers. Meanwhile, Maureen Ohlhausen, a former commissioner of FTC and Tim Wu, a law professor at Columbia University, will testify the hearing. Although the inquiry will not result in any action. But it might assist political leaders in finding issues if any. Besides, the probe might direct them on whether to use existing laws or introduce new rules for solving those problems.

Categorized as Business

By Azad Abdul

Azad, one of the pivotal elements of our editorial team, has been in the journalism industry for more than 5 years. He has been writing about business and global affairs in general, but this learning aficionado has a taste for everything when it comes to good reporting and writing. If not in front of the writing desk, he can be spotted in a library or something.

Leave a comment

Your email address will not be published. Required fields are marked *