A House subcommittee said on Saturday that a congressional hearing on digital marketplace competition featuring the chief executives of four of the largest American tech companies has been rescheduled for Wednesday.

The CEOs of Facebook, Apple, Amazon, and Alphabet’s Google were to have testified on Monday before the House Antitrust Subcommittee. But the hearing was postponed for lying in state at the Capitol Building of the late Representative John Lewis, an icon of the civil rights movement.

On Saturday, A subcommittee said that the session now would be held on Wednesday and that witnesses and members could appear in person or virtually.

All four tech company CEOs – Jeff Bezos of Amazon, Tim Cook of Apple, Sundar Pichai of Alphabet, and Mark Zuckerberg of Facebook – are to appear virtually, the announcement said.

The subcommittee of the Democratic-led House Judiciary Committee is investigating whether the companies actively seek to harm and eliminate smaller rivals.

Judiciary Committee Chairman Jerrold Nadler and David Cecilline, the subcommittee chairman, said in a joint statement that “Given the central role these corporations play in the lives of the American people, it is critical that their CEOs are forthcoming.”

The CEOs are expected to deflect criticism of their use of market power to damage rivals by saying they themselves face competition and by debunking claims that they are so dominant.

Source: https://gadgets.ndtv.com/internet/news/us-house-panel-reschedules-big-tech-ceo-hearing-for-wednesday-2269010

Leave a Reply

Your email address will not be published. Required fields are marked *

The following GDPR rules must be read and accepted:
This form collects your name, email and content so that we can keep track of the comments placed on the website. For more info check our privacy policy where you will get more info on where, how and why we store your data.