Published 05:51 IST, July 26th 2020

Zuckerberg, Bezos, other tech CEOs testify on competition

The panel has conducted a bipartisan investigation over the past year of the tech giants’ market dominance and their effect on consumers.

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Four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Google’s Sundar Pichai and Apple’s Tim Cook — will answer for ir companies’ practices before Congress at a hearing Wednesday by House Judiciary subcommittee on antitrust. panel has conducted a bipartisan investigation over past year of tech giants’ market dominance and ir effect on consumers.

It’s first such congressional review of tech industry. It has aimed to determine wher existing competition policies and century-old antitrust laws are equate or if new legislation and more funding for enforcement are needed. four CEOs are expected to testify remotely.

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hearing originally was set for Monday. It was rescheduled to allow lawmakers who are committee members to participate in commemorations at U.S. Capitol on Monday and Tuesday for Rep. John Lewis, civil rights icon and longtime Georgia congressman who died July 17.

(Im Credit: AP) 

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05:51 IST, July 26th 2020