What Amazon, Google, Facebook, and Apple have in common


Loading...

On Wednesday, lawmakers squared off with the chief executives of the tech industry’s four most powerful players: Amazon, Apple, Facebook, and Google. Even though each company is under antitrust scrutiny for different reasons, the committee used this week’s hearing to point out similarities between all four, making the case for future regulatory reform.

Since last June, lawmakers have been engaged in a sweeping antitrust investigation into the tech sector, honing in on how some of the most notable names in the industry have grown too big by allegedly stifling competition. Lawmakers have heard hundreds of hours of testimony and obtained over 1 million documents throughout their investigation, a process that made it difficult for CEOs like Facebook’s Mark Zuckerberg and Amazon’s Jeff Bezos to evade uncomfortable lines of questioning.

Throughout this process and under Rep. David Cicilline’s (D-RI) leadership, the committee found troublesome patterns of behavior that all four firms exhibit. This includes how each company controls distribution, surveils competitors, and abuses their control over tech to strengthen their power.

In his opening remarks, Cicilline, the chairman of the House Judiciary Committee’s subcommittee on antitrust, said, “Although these four corporations differ in important and meaningful ways, we have observed common patterns and competition problems over the course of our investigation.”

Loading...

The power tech giants wield over distribution of information and products was key to the committee’s investigation. Apple and Amazon both hold tremendous power over who gets to put up apps and sell products. Rep. Val Butler Demings (D-FL) asked Apple’s CEO Tim Cook about its App Store rules, focusing in on Apple’s decision to remove third-party parental control apps that used mobile device management (MDM) tech. Apple has parental control software of its own…Read more>>

Source:-theverge

Loading...

Leave a Reply

Your email address will not be published. Required fields are marked *

Register Form

Name
Email Address
Phone No