The New York Times/ Cecilia Kang and David McCabe/ July 29, 2020
WASHINGTON â€” The chief executives ofÂ Amazon, Apple, Google and Facebook, four tech giants worth nearly $5 trillion combined,Â faced withering questionsÂ from Republican and Democratic lawmakers alike on Wednesday for the tactics and market dominance that had made their enterprises successful.
For more than five hours, the 15 members of an antitrust panel in the House lobbed questions and repeatedly interrupted and talked over Jeff Bezos of Amazon, Tim Cook of Apple, Mark Zuckerberg of Facebook and Sundar Pichai of Google.
It was the first congressional hearing for some time where Democrats and Republicans acted as if they had a common foe, though for different reasons. Democratic lawmakers criticized the tech companies for buying start-ups to stifle them and for unfairly using their data hoards to clone and kill off competitors, while Republicans questioned whether the platforms had muzzled conservative viewpoints and were unpatriotic.
â€śAs gatekeepers to the digital economy, these platforms enjoy the power to pick winners and losers, shake down small businesses and enrich themselves while choking off competitors,â€ť said Representative David Cicilline, Democrat of Rhode Island and chairman of the House Judiciary Committeeâ€™s antitrust subcommittee.
Read full article here.