A bevy of tech’s largest titans—Alphabet CEO Sundar Pichai, Amazon CEO Jeff Bezos, Apple CEO Tim Cook dinner, and Fb CEO Mark Zuckerberg—all took to their distant workplaces Wednesday to dial right into a hotly anticipated Congressional listening to, the most recent a part of an in-depth investigation into their companies’ habits that started greater than a 12 months in the past.
The virtually six-hour listening to was nominally convened to speak about antitrust enforcement, and it had two core questions at its coronary heart. First: do the largest, globe-spanning US tech firms have an excessive amount of energy out there? And second: did they arrive by the facility they do have actually, or did they someway cheat to get it?
Home Antitrust Subcommittee Chairman Rep. David Cicilline (D-R.I.) targeted his opening remarks on how bipartisan the investigation course of has been to this point earlier than sketching out his perception that every one 4 firms current have behaved anticompetitively, turn out to be monopolies, and prompted hurt each to shoppers and the complete democratic undertaking writ massive.
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