The CEOs of Amazon, Google, Apple and Facebook will testify before House lawmakers Wednesday on allegations their companies are harming consumers by unfairly stifling the competition
Two global power centers are set to clash Wednesday as the CEOs of tech giants Amazon, Google, Apple and Facebook testify before House lawmakers on allegations their companies are harming consumers by unfairly stifling the competition.
Here’s what to expect as Bezos, Facebook’s Mark Zuckerberg, Apple’s Tim Cook and Google’s Sundar Pichai testify before the House Judiciary antitrust subcommittee — and the potential surprises that may await:House lawmakers are expected to grill Bezos about whether a company lawyer misled the Judiciary Committee last summer by testifying that Amazon doesn’t use the data it collects from third-party vendors to launch competing products on its platform.
The company's massive trove of user data is also set to draw scrutiny. Rep. Joe Neguse , vice chair of the antitrust subcommittee, said he hopes to press the company about whether the massive amounts of personal information it collects from more than 2 billion users makes it too difficult for competitors to keep up.
The committee has also accused the company of being less than forthright in its past testimony, including on questions such as what percentage of searches on the company's engine lead to website referrals not on Google. . “It’s crushing small developers who simply can’t survive with those kinds of payments. If there were real competition in this marketplace, this wouldn’t happen.
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