Category: house judiciary committee

Big tech CEOs release opening statements before antitrust hearing

[ad_1] All three CEOs also took the time to address antitrust concerns that their companies are far too dominant. For example, Bezos pointed out that Amazon has competition from the likes of Walmart, Target and Costco that offer curbside pickup, which he says gives them a certain advantage. Like Bezos, Pichai made the claim that […]

US lawmakers ask Jeff Bezos to testify about Amazon’s alleged data abuse

[ad_1] “If the reporting in the Wall Street Journal article is accurate, then statements Amazon made to the Committee about the company’s business practices appear to be misleading, and possibly criminally false or perjurious,” the letter says. “If these allegations are true, then Amazon exploited its role as the largest online marketplace in the U.S. […]

US asks Apple, Google, Facebook and Amazon for docs in antitrust probe

[ad_1] Broadly speaking, the subcommittee wants to understand whether Amazon, Apple, Facebook and Google engaged in anti-competitive practices and whether the executives at those companies knew what was happening. To that end, many of the document requests are related to past mergers. In the case of Facebook, for instance, the company was asked to share […]