Head executives of four of USA’s big technology firms have been summoned to testify before US Congress later in July 2020. Amazon, Facebook, Google, and Apple are the firms being scrutinized as a part of an ongoing antitrust probe into the companies according to sources well versed with the matter.
Antitrust law also is known as competition law is a field of law with statutes developed by the USA to protect consumers from predatory business practices and make sure that fair competition exists in an open market economy. Jeff Bezos from Amazon, Mark Zuckerburg from Facebook, Sundar Pichai of Google, and Tim Cook on behalf of Apple will appear before the House of Representatives Judiciary Committee’s antitrust panel. None of these firms have released a statement regarding the matter as of now.
The hearing is scheduled for around 27th July 2020 and will likely have some witnesses and lawmakers appearing online through video-conferencing platforms. It isn’t clear whether these firms have to testify before the full committee or only the antitrust subcommittee. These platforms are under investigation by a House Judiciary Committee Panel. The panel is expected to issue a report in the coming weeks along with the US Justice Department. The Federal Trade Commission is probing Facebook and Amazon and the US State attorney generals are looking into Facebook and Google.