The chief executives of U.S. tech giants are set to inform Congress they face stiff competitors that motivates them to maintain enhancing their extensively used merchandise, in line with testimony ready for a Home Antitrust Subcommittee listening to Wednesday.
Amazon. com Inc.’s Jeff Bezos, Facebook Inc.’s Mark Zuckerberg, Apple Inc.’s Tim Cook dinner and Sundar Pichai, CEO of Google and its parent Alphabet Inc., additionally emphasize their corporations’ American roots in statements launched forward of the listening to, which goals to examine how the companies acquired their market dominance. The listening to is scheduled to begin at midday Jap time.
(Learn evaluation of the hearings on our live-coverage page. Return right here at midday Jap time to see the hearings streamed reside).
The paperwork preview how the executives will search to counter accusations from lawmakers that the businesses’ dominant platforms stifle innovation and crowd out competition.