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Briefing

Big Tech’s antitrust hearing is delayed; report scheduled for release in early fall

Monday’s scheduled appearance by the top executives of Amazon, Alphabet, Apple and Facebook will be pushed to August, as the late civil rights leader and congressman John Lewis lies in state at the U.S. Capitol. The hearings are part of an investigation by the U.S. House of Representatives Judiciary Committee into the companies’ alleged monopolistic behaviour; a report is expected by late summer or early fall. (Axios, Reuters)

Briefing

Big Tech’s antitrust hearing is delayed; report scheduled for release in early fall

By Fatima Syed
Jul 24, 2020
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Monday’s scheduled appearance by the top executives of Amazon, Alphabet, Apple and Facebook will be pushed to August, as the late civil rights leader and congressman John Lewis lies in state at the U.S. Capitol. The hearings are part of an investigation by the U.S. House of Representatives Judiciary Committee into the companies’ alleged monopolistic behaviour; a report is expected by late summer or early fall. (Axios, Reuters)

Talking point: The hearing will be the first time CEOs of Silicon Valley’s biggest firms have appeared together to answer lawmakers’ criticism of their growing market dominance, and a mark of the changing relationship between Big Tech and government. The 15-member panel has received 1.3 million documents from the companies so far to facilitate their 13-month investigation. According to Protocol, the executives “are getting off easy” by delivering their testimony virtually and doing so as a group “given the time constraints and the number of witnesses, lawmakers will never be able to probe all of the potential antitrust violations these companies are individually accused of.”

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