News

CEOs of Apple, Amazon, Google, and Facebook agree to testify at US House’s Antitrust hearing

Reports and reliable sources have revealed that the tech industry’s biggest companies’ CEOs have agreed to appear before the House Judiciary Committee as part of the ongoing antitrust hearing.

According to a Tweet by Kara Swisher, co-founder of Recode, Apple’s Tim Cook, Amazon’s Jeff Bezos, Alphabet’s Sundar Pichai, and Facebook’s Mark Zuckerberg have all agreed to testify at the Antitrust hearing set for later on this month.

The tweet mentions that the news was revealed by Rep. David Cecilline, an American politician, and a major critic of the enormous amounts of power that the tech industry wields.

The United States House of Representatives had previously (a year ago) launched a bipartisan investigation into a possible abuse of power by some tech giants, thereby setting an anti-competitive environment in the online marketplace. The investigation is to determine whether unlawful uses of power by either giving themselves an unfair advantage or stifling the advantages of others have been carried out by the well-known names on the internet to gain extensive control of the virtual environment.

Historically speaking, this will be the first time that these four CEOs have testified alongside one another before Congress. This will also allow lawmakers to question four of tech industry’s wealthiest about their potential abuse of power and the suppression of competition.

The hearing has been set for somewhere at the end of July; a more specific date has not yet been disclosed.

Sponsored
Hamnah Khalid

Share
Published by
Hamnah Khalid

Recent Posts

PTV Faces Criticism Over Misleading Chemotherapy Statements

ISLAMABAD: On Pakistan Television (PTV), medical experts raised serious concerns over false information on chemotherapy…

9 mins ago

OpenAI Rolls Out Advanced Voice Mode for macOS ChatGPT App

OpenAI has introduced Advanced Voice Mode to ChatGPT's desktop applications for macOS apps, enabling users…

20 mins ago

Garena Free Fire India Launch Rumors: What Fans Need to Know

Reports suggest that Garena Free Fire is set to make a much-anticipated return to India.…

18 hours ago

Albania Bans TikTok for One Year: Here’s the Reason!

The Albanian government has announced a ban on the social media platform TikTok for a…

22 hours ago

Google Pixel 9 Pro vs. 8 Pro: Biggest Upgrades Compared

The launch of Google’s latest Pixel lineup brings an exciting chance to compare the new…

24 hours ago

Azad Kashmir to Host Pakistan’s First Women-Centric Software Technology Park

ISLAMABAD: In February next year, Pakistan is set to launch its first women-focused software technology…

1 day ago