Albuquerque Journal

Big tech CEOs to testify to House

Panel calls antitrust enforcemen­t session

- BY BEN BRODY BLOOMBERG

WASHINGTON — The chief executive officers of Amazon.com Inc., Facebook Inc., Alphabet Inc. and Apple Inc. will testify on July 27 before a congressio­nal panel investigat­ing competitio­n in the technology industry, according to an announceme­nt from the House Judiciary Committee.

Jeff Bezos, Mark Zuckerberg, Sundar Pichai and Tim Cook are likely to face a torrent of critical questions from lawmakers on the panel’s antitrust subcommitt­ee as the investigat­ion builds a case for revamping antitrust enforcemen­t.

Bezos may be in for a particular­ly tough session. Unlike the other chiefs, the world’s richest man will be addressing Congress for the first time, and his company has sparred with subcommitt­ee Chairman David Cicilline over previous testimony by another company official and allegation­s of anticompet­itive conduct.

The appearance­s may be virtual, according to the Monday evening announceme­nt, which said additional details on the format would be forthcomin­g.

“Given the central role these corporatio­ns play in the lives of the American people, it is critical that their CEOs are forthcomin­g,” said Cicilline and Judiciary Chairman Jerrold Nadler in a joint statement. “As we have said from the start, their testimony is essential for us to complete this investigat­ion.”

Antitrust scrutiny of giant technology companies is accelerati­ng. Facebook and Alphabet’s Google both face competitio­n inquiries by federal enforcers and nearly all 50 states. Amazon is under investigat­ion in California, Bloomberg has reported, and both the e-commerce giant and Apple are facing scrutiny from the European Union.

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