The CEOs of Amazon, Apple, Facebook and Google were brought to the spotlight of the Congress after lawmakers expressed their fears about the market dominance of these top Tech CEOs who own the giant companies in the United States. The Democrats are in so many ways trying to support the government to curtail their power.
The issue of their companies’ massive market dominance comes at a delicate time especially for the executives amid the pandemic which has crashed the economy and wiped out both large scale and small scale businesses.
WATCH:
Amazon.com Inc.’s Jeff Bezos, Apple Inc.’sTim Cook, Facebook Inc.’s Mark Zuckerberg and Sundar Pichai, CEO of Google parent Alphabet Inc., are testifying before the House Antitrust Subcommittee Wednesday. The hearing comes with the companies under investigation by antitrust authorities in the U.S. and elsewhere while also experiencing valuations amid the economic catastrophe.
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