Major tech CEOs will testify in House antitrust probe

Chief execs of Amazon, Apple, Facebook and Google have agreed to appear before Congress

The chief executives of Amazon, Apple, Facebook, and Google have agreed to testify before Congress as part of an investigation into their power over the digital marketplace.

This was confirmed by a spokesperson for the House Judiciary Committee before the hearing begins later this month.

The bipartisan investigation has been gathering information about large tech companies for about a year. Last September, the committee requested emails from the CEOs and other top executives, as well as additional documents pertinent to the investigation. 

The probe concerns US antitrust laws and whether or not they need to be updated. For some lawmakers, tech giants have wielded too much power over online advertising, online retail and mobile apps.

In response to the investigation, Amazon, Apple, Facebook and Google have turned over reams of documents, but in recent months, lawmakers have also requested sought commitments for public testimony from the companies’ top executives.

As The Wall Street Journal reports, the committee is expected to release a report detailing policy recommendations surrounding monopolistic behavior in tech markets, which is expected to follow the CEO hearing. 

Amazon CEO Jeff Bezos agreed to testify as part of the probe in June. At the time, Amazon’s lawyer stated timing and format along with any outstanding document requests would need to be discussed prior to Bezos’s testimony. 

Representative David Cicilline (D-RI), chair of the judiciary panel’s subcommittee on antitrust issues, stated at the time: “The testimony of CEOs and the production of internal documents is essential to complete this bipartisan investigation into the state of competition in the digital marketplace. 

“The Antitrust Subcommittee will continue to use the tools at our disposal to ensure we gather whatever information is necessary for our work.”

While Bezos’s testimony will mark the first time he has appeared before Congress, Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg and Google CEO Sundar Pichai have all testified before Congress in the past. 

Featured Resources

Next-generation time series: Forecasting for the real world, not the ideal world

Solve time series problems with AI

Free download

The future of productivity

Driving your business forward with Microsoft Office 365

Free download

How to plan for endpoint security against ever-evolving cyber threats

Safeguard your devices, data, and reputation

Free download

A quantitative comparison of UPS monitoring and servicing approaches across edge environments

Effective UPS fleet management

Free download

Most Popular

UK spy agencies supercharge espionage efforts with AWS data deal
cloud computing

UK spy agencies supercharge espionage efforts with AWS data deal

26 Oct 2021
Best Linux distros 2021
operating systems

Best Linux distros 2021

11 Oct 2021
Cryptocurrency: Should you invest?
cryptocurrencies

Cryptocurrency: Should you invest?

27 Oct 2021