Google, Facebook, Amazon & Apple has communal patterns and competition difficulties Is our investigation.
Documents from the Hearing on “Online Platforms and Market Power: Examining the Dominance of Amazon, Apple, Facebook and Google” pic.twitter.com/O50aFmg2kd— House Judiciary Dems (@HouseJudiciary) July 29, 2020
On Wednesday, lawmakers competed against the four most powerful players in the tech business in the world & US, the chief executives of Amazon, Apple, Facebook, and Google. Although each company is under a no-confidence motion for various reasons, the committee used this week’s hearing to identify similarities between the four, important to further monitoring reform.
After last June, lawmakers have been investigating the no-confidence motion in the tech sector, how the industry’s most famous names have grown so large due to alleged competition. Politicians have listened to hundreds of hours of testimony during their investigation and obtained more than a million documents, a process that makes it difficult for CEOs like Facebook’s Mark Zuckerberg and Amazon’s Jeff Bezos to avoid disturbing lines of inquiry.
During the process, and under the leadership of Cicilline’s, the committee found disturbing designs of behavior that all four firms exhibited. This includes how each company controls supply, surveys contestants, and misappropriations their control over a tech to consolidate its power.
We have identified joint patterns and competition challenges in our investment curriculum
In his inaugural remarks, Rep. David Cecilin (D-RI), chairman of the House Judicial Committee on No-Confidence, said that while the four companies differed insignificantly and telling ways, we detected communal patterns and competition difficulties Are our investigations.
Powertech companies(Google, Facebook, Amazon & Apple) have controlled the distribution of information and products
Powertech companies have controlled the distribution of information and products for the committee’s investigation. Both Apple and Amazon have marvelous power over who installs the apps and sells the products. Rep Butler Demings asked Apple CEO Tim Cook about the rules of its App Store, focusing on Apple’s choice to eliminate third-party parental control apps called Mobile Device Management (MDM) Custom tech. Apple has parental control software.
Google fired Cicilline to keep an eye on competitors in the search. Cicilline quoted emails found through investigations among Google employees about how competing companies are becoming more powerful. Google, exactly for Yelp, allegedly threatened to delete its reviews if it could not include its own companies in its products. This observation technique is spread to three other companies. For instance, Facebook is reportedly keeping tabs on other growing tech companies, trying to copy or eventually buy them, as in the case of Instagram.
By gaining supremacy in their individual markets, companies can make it further difficult for rival companies and products to gain grip. The committee’s main example of this was Amazon. Rap. Lucy McBath (D-GA) jagged out Amazon’s capability to “scientifically prevent” retailers from selling products in certain categories, citing an interview with a seller who thought it Has been banned from selling certain types of.
Using data to dominate and monitor the company’s search
During a no-confidence tech hearing on Wednesday, Rep. David Cicilline (D-RI) accused Google CEO Sundar Pachai of using data to dominate and monitor the company’s search.
Google’s business model is troubling. Cicilline said, our documents show that Google has turned into a web with a twisted web that keeps users fast on its sites.
Cicilline quoted emails from ten years ago between Google employees deliberating the increasing traffic and traffic among Google employees. Cicilline claims that employees have begun to fear rivalry from certain websites and web pages that could divert search traffic and revenue from Google.
Bezos replied. “Overall, third-party sellers are doing a great job at Amazon.
The committee plans to issue a report later this summer. Congress can’t do much to break Big Tech, but it can legislate to regularize it. Facebook and Google are already under investigation by law enforcement agencies. Agencies such as the Federal Trade Commission and the Department of Justice are the only bodies authorized to fine tech for anti-competitive behavior.