CEOs of Amazon, Apple, Facebook and Google are set to testify before the House Antitrust Subcommittee Wednesday.
, such as Apple's opaque process for the app marketplace and its 30% commission fee on digital purchases consumers make through apps.
The report aims to pick apart a recent paper outlining an antitrust argument against Facebook by arguing that it does not monopolize the social media market and faces robust competition from companies like TikTok.Bloomberg Rep. Pramila Jayapal, D-Wash., also dismissed the defense in an interview, saying it was not "legitimate."
"Are they going to get any surprising new information? I highly doubt it," a senior staffer for a Democratic member of the subcommittee said. "Now with that said, I do think there is a possibility that they get new commitments. There's a difference between new information and new commitments." The staffer spoke on the condition of anonymity as they were not authorized to comment publicly.
One line of questioning to watch for is a grilling of Amazon's Jeff Bezos over the company's use of data from third-party sellers. Antitrust Subcommittee Chairman David Cicilline, D-R.I., said Amazon's witness at an earlier antitrust hearingabout how the company uses data from its third-party sellers to come up with its private-label products following the WSJ report earlier this year.
"That is important for me to follow up on because obviously I am extremely disturbed by the fact that their general counsel appears to have lied to me based on reports from papers like The Wall Street Journal," she said.
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