A congressional hearing on digital marketplace competition involving chief executives of four of the largest American tech companies has been rescheduled for Wednesday.
The CEOs of Facebook, Amazon.com, Alphabet’s Google and Apple were supposed to testify on July 27, but will instead do so now on July 29. There were supposed to testify in front of the House Antitrust Subcommittee, but the hearing was postponed for “the lying in state at the Capitol Building of the late Representative John Lewis, an icon of the civil rights movement”.
All four tech company CEOs – Jeff Bezos of Amazon, Tim Cook of Apple, Sundar Pichai of Alphabet and Mark Zuckerberg of Facebook – will now appear virtually on July 29. The subcommittee of the Democratic-led House Judiciary Committee is investigating whether the companies actively seek to harm and eliminate smaller rivals.
In a joint statement by Judiciary Committee Chairman Jerrold Nadler and David Cecilline, it is mentioned that, “Given the central role these corporations play in the lives of the American people, it is critical that their CEOs are forthcoming.” The CEOs might have to defend criticism of their use of market power to damage rivals at the rescheduled hearing.