Tech titans in the spotlight at US antitrust hearing - News Summed Up

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Tech titans in the spotlight at US antitrust hearing


WASHINGTON: US lawmakers will grill the chiefs of Amazon, Apple, Facebook and Google on July 29 about how they wield marketplace power in what promises to be a rare political spectacle. The House of Representatives hearing comes amid rising concerns over Big Tech dominance, which has become even more pronounced during the coronavirus pandemic. "Will this be a grandstanding event with minimal substance or a potential Fort Sumter moment for the anti-trust momentum against tech stalwarts?" Muddying the watersThe tech company chiefs will stress how they benefit consumers, particularly during the pandemic, and face competition – particularly from China. Antitrust enforcers face a delicate task because "it is not illegal to be big," said Gardiner.


Source: The Star July 29, 2020 05:37 UTC



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