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Congress Turns Up Heat on Big Tech CEOs

Underground Newswire

IVAN PENTCHOUKOV 
July 29, 2020

The men heading four of the largest tech companies in the world faced hours of questioning from lawmakers on Capitol Hill on July 29 as part of an investigation into whether their companies have grown too powerful.

The chief executive officers from Apple,Google,Amazon, andFacebookdefended their company practices, although the format of the hearing allowed little time for substantive discussion on a range of complex issues.

The hearing capped a yearlong congressional investigation into big tech’s alleged anti-competitive tactics and stifling of innovation, among other issues. Lawmakers sought to determine whether decades-old antitrust laws should be revised to address the realities of the digital age, which the four companies dominate.

“When the American people confronted monopolists in the past—be it the railroads and oil tycoons or AT&T and Microsoft—we took action to ensure no private corporation controls our economy…

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