The heads of several of America’s largest technology corporations are heading to Congress to testify before the House Judiciary Antitrust Subcommittee. Among those expected to appear are Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google CEO Sundar Pichai and Facebook CEO Mark Zuckerberg.
The hearing is scheduled for Monday, July 27. Butas Washington mourns the late John Lewis, a Democratic representative and civil rights leader who died earlier this week of pancreatic cancer. Lewis will lie in state in the Capitol Rotunda beginning on Monday.
Axios reported the hearing could be rescheduled for the week of Aug. 3.
At issue in the hearing is the subcommittee’s “ongoing investigation of competition in the digital marketplace.” All of the companies have remarkable influence over their markets, and each is reportedly facing a probe by the Justice Department or a coalition of state attorneys general.
“Since last June, the Subcommittee has been investigating the dominance of a small number of digital platforms and the adequacy of existing antitrust laws and enforcement,” House Judiciary Committee Chairman Jerrold Nadler and Antitrust Subcommittee Chairman David Cicilline said in a joint statement.
“Given the central role these corporations play in the lives of the American people, it is critical that their CEOs are forthcoming. As we have said from the start, their testimony is essential for us to complete this investigation.”
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When is the hearing?
The hearing was originally scheduled to take place on Monday, July 27, at 12:00 p.m. ET/9 a.m. PT. That was thrown into question on Thursday evening. The hearing could be rescheduled for the week of Aug. 3. It’s unclear how long the proceedings will last…Read more>>