The CEOs of Amazon, Apple, Facebook, and Google will all testify later this month at an antitrust hearing before the U.S. House Judiciary Antitrust Subcommittee, which is continuing its probe into competition in the digital marketplace.
“As we have said from the start, their testimony is essential for us to complete this investigation,” they said in the July 6 release.
The witnesses called are confirmed to be Jeff Bezos of Amazon, Tim Cook of Apple, Sundar Pichai of Google, and Mark Zuckerberg of Facebook, according to the committee. The hearing is the sixth such session.
Gaetz added that it’s obvious companies such as Apple and Amazon are censoring Americans, noting practices by those companies to benefit the Chinese Communist Party at the expense of Americans.
“There are circumstances and experiences that we have uncovered in our investigation where people submit their products and then Amazon finds a way to steal the IP [intellectual property], replicate the tech, and then provide the product at a lower cost, harming the innovator who is often American and benefiting a manufacturer willing to cheat, often in China,” he said.
Leaders of the House Judiciary Committee and its subcommittee on antitrust also sought detailed financial information and other company records. They also requested internal emails over the past decade from the CEOs of the companies, as well as other top executives, about acquisitions.
Doug Melamed, a law professor at Stanford University with expertise in antitrust law and intellectual property, said theoretically the probes could result in a wide range of outcomes, “from new legislation to no litigation at all.
At the same time, the Justice Department and the Federal Trade Commission (FCC) are investigating Facebook, Google, Apple, and Amazon for potential violations of antitrust law.
A partnership of 50 U.S. states and territories, led by Texas Attorney General Ken Paxton, also is reviewing Google’s practices, while a separate bipartisan coalition of attorneys general in eight states is looking at possible antitrust concerns with Facebook.