Leaders of several of the largest technology companies in the United States are heading to Congress for Wednesday at 9 a.m. In the morning (PT / noon ET) they testified before the subcommittee on antitrust law in the judiciary. The planned performances are Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Alphabet and Google CEO Sundar Pichai and Facebook CEO Mark Zuckerberg.
The hearing wasso that Washington can mourn John Lewis, a Democrat and civil rights leader who died on July 17 of pancreatic cancer.
At the hearing, it is the subject of an ̵6;ongoing competition investigation on the digital market of the subcommittee’. All companies have a remarkable impact on their markets, and each is said to be facing an examination by the Ministry of Justice or a coalition of prosecutors.
“Since last June, the subcommittee has been examining the dominance of a small number of digital platforms and the adequacy of existing antitrust and enforcement laws,” said Jerrold Nadler, chairman of the Joint Court of Justice, and David Cicilline, chairman of the antitrust subcommittee, in a joint statement.
“Given the central role that these companies play in the lives of the American people, it is important that their CEOs prepare. As we said from the beginning, their testimony is necessary for us to complete this investigation. ”
All four executives began deploying their respective antitrust defenses on Tuesday night, each of whom made its introductory remarks. You can.
You can proceed in just a few hours before the hearing begins.
When is the hearing?
The hearing will take place on Wednesday 29 July at 9.00. (Morning) PT. It is not clear how long the proceedings will take.
Where does the hearing take place?
The hearing is currently scheduled for the Rayburn House Office Building in Washington, DC.
Do the managers perform in person?
At the announcement of the hearing, the accompanying press release stated that “under the current rules of procedure, witnesses and members may participate virtually.” In view of the ongoingThe pandemic is expected to lead at a distance.
How can I watch?
The House Subcommittee will hold the hearing on its YouTube channel. It is also broadcast on cable channels such as C-SPAN.
Why does it matter?
No matter what you do online, at least one or more of these companies is likely to affect you in a fairly large way.
Apple and Google operate the two most popular mobile operating systems in the world, respectively iOS ‘ Apple App Store and Android Google Play Store.
Apple has faced growing antitrust concerns over App Store practices in recent monthsand
Amazon is represented in the e-shop with mammoths and manufactures its own products, some of which compete with the goods of other retailers in its online store. This potentially additional data that Amazon has access to was reviewed after a report by the Wall Street Journal detailing how Amazon used the data to help them set prices, determine which features to include, and decide whether to it pays to join the product category.
After the magazine’s story came out,.
In addition to running the country’s most popular search engine and social network, Google and Facebook dominate the digital advertising market.
Google was under, expecting the DOJ to file its own lawsuit this summer.
Facebook revealed last year that the Federal Trade Commission had launched an investigation into Instagram and WhatsApp’s purchases and whether they had been made to stifle competition. Behind Zuckerberg performing before the congress he and COO Sheryl Sandberg.