wordpress blog stats
Connect with us

Hi, what are you looking for?

Apple, Amazon, Facebook, and Google CEOs will testify in front of the US Congress for its broad antitrust investigation: Reports

CEOs of four of the biggest tech companies in the world — Apple, Amazon, Facebook, and Google — will testify before the US Congress later this month, as part of its anti investigation of the Big Tech. This was first reported by New York Times columnist Kara Swisher following her conversation with Rep-David Cicilline. Later, a spokesperson for the House Judiciary Committee also confirmed it to the New York Times. Apple’s Tim Cook, Facebook’s Mark Zuckerberg, Alphabet/Google’s Sundar Pichai, and Amazon’s Jeff Bezos have all reportedly agreed to testify. The House Judiciary Committee had opened broad investigations into potential antitrust practices of these companies last year, in June. Google is being investigated for its dominance in the ad business, while for Facebook the focus has been on its acquisitions for maintaining dominance over social media, the New York Times report said. Apple meanwhile came under the scanner for potentially unfair App Store practices, while Amazon has been questioned about its treatment of third-party sellers. The executives are also likely to face questions about other issues, like Amazon’s treatment of its warehouse workers or the spread of hate speech on Facebook and YouTube, New York Times added. While announcing its probe last year, the Committee had said that as part of the investigation, it will document competition problems in digital markets, examine whether dominant firms are engaging in anti-competitive conduct, and asses if existing antitrust laws, competition policies, and current enforcement levels are adequate to address these issues. It has already…

Please subscribe/login to read the full story.
Written By

Free Reads

News

Telecom companies are against a regulatory sandbox, as they think information revealed by businesses during the sandboxing process might be confidential should be out...

News

According to a statement, the executive body of the European Union had also sought internal documents on the risk assessments and mitigation measures for...

News

The newly launched partially open-sourced LLM Grok-1 can be commercially used but not trademarked.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ