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Home / Technology / Big Tech’s initial statements to the Mediterranean antitrust hearing set out various strategies

Big Tech’s initial statements to the Mediterranean antitrust hearing set out various strategies



When four of the company’s most powerful executives make initial statements to hear antitrust hearings on Wednesday, we believe everyone will take a different approach. Apple Inc.’s AAPL,
-1.64%
Tim Cook praises the democracy of his App Store, which is overseen by federal regulators for its business practices and treatment of third-party developers. “After launching 500 apps today, the App Store hosts more than 1.7 million … if Apple is the doorman of what we̵

7;ve done, opening the gate is wider. off, “Cook has the word scheduled in the notes. AMZN of Amazon.com Inc.,
-1.79%
Jeff Bezos takes on a more personal tone and writes in a written statement “customer obsession” and “surprisingly large and extremely competitive” retail market. Sundar Pichai, the parent alphabet of Google GOOGL,
-1.68%
GOOG,
-1.95%.
insists that “free services like Search, Gmail, Maps, and Photos provide thousands of dollars a year for the average American.” Part of Facebook Inc. FB,
-1.44%
The introductory statement by CEO Mark Zuckerberg was the first to escape. “I believe it is important to maintain the fundamental values ​​of openness and justice, which have made the US digital economy a strength for empowerment and opportunity. [in the U.S.] and all over the world, ”says Zuckerberg. Zuckerberg and the other three Directors-General are required to make remarks about five minutes at the start of a sitting in Parliament, which will reflect their market power and its impact on the economy and American life. the statement, which refers to the growth of competition from China, could be a basic argument that by weakening Facebook’s strict rules, the US government could unknowingly strengthen the Chinese economy.


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