Antitrust: Hearing with tech giant leaders postponed by US Congress

The main American technology companies are under scrutiny, due to suspicions of antitrust practices, using their power in the market to eliminate any competitive opportunity from smaller companies. Today, the leaders of Apple, Amazon, Facebook and Google would be heard by the American Congress, to witness the practices of their companies in the market, but the audio, which could be done remotely, ended up being postponed, with no announced date.

Tim Cook, Jeff Bezos, Sundar Pichai and Mark Zuckerberg had plans to be heard in a virtual format due to the COVID-19 pandemic, says Reuteurs. Of all, only Amazon leader Jeff Bezos had never been heard by Congress on the subject, as Facebook's boss would be the third time present to testify.

According to what was advanced, the postponement happened due to the public wake of John Lewis, a leader and congressman of Gergia, who passed away last week. The wake will be done in front of the Capitol stairs, with public condolences taking place this Monday night and every Tuesday, advances the Business Insider.

Regarding the survey, technological companies are being investigated by the FTC, having been obliged to provide information and documents on the transactions carried out between 2010 and 2019, in order to better explain the acquisition activities of large companies and the way they were reported only. federal antitrust agencies.

In its most recent range of fines and investigations, the FTC began investigating December 2019 whether AWS business practices are in violation of competition laws, and in September last year, Google agreed to pay up to $ 200 million for disrespecting the online privacy law for children. Still, one of the most meditative was actually the fine applied to Facebook worth five billion dollars in the U.S. in 2019.