Big Tech CEOs to defend their companies before US Congress by listing competitors

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WASHINGTON (REUTERS) - The chief executives of four of the world's largest tech companies, Amazon, Facebook, Apple and Alphabet's Google, plan to argue in a congressional hearing on antitrust on Wednesday that they face intense competition from each other and from other rivals.. Read more at straitstimes.com.

WASHINGTON - The chief executives of four of the world's largest tech companies, Amazon, Facebook, Apple and Alphabet's Google, plan to argue in a congressional hearing on antitrust on Wednesday that they face intense competition from each other and from other rivals.

The four will testify to a panel of lawmakers investigating how their business practices and data gathering have hurt smaller rivals as they seek to retain their dominance, or expand. Bezos also lays out how small sellers have succeeded on Amazon's third-party marketplace, a practice that has come under scrutiny from lawmakers.

 

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