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U.S. House Committee Schedules Major Tech Chief Executive Meeting for Wednesday

The Congressional hearing on global business competitiveness, including the chief executives of four of America's biggest software firms, was set for Wednesday, House Subcommittee said on Saturday.
 
The Executives of Twitter, Amazon.com, Alphabet's Google and Apple were to appear to the House Antitrust Committee on Monday. Yet the hearing was delayed due to a dishonest condition in the Capitol Building by late Congressman John Lewis, an symbol of the Civil Rights movement.
 
The subcommittee 's statement on Saturday suggested that the session would now be held on Wednesday, and that witnesses and representatives could testify in person or in action.
 
All four tech industry CEOs-Jeff Bezos of Amazon, Tim Cook of Apple, Sundar Pichai of Alphabet and Mark Zuckerberg of Facebook-are practically available, the announcement said.
 
The Democratic House Judiciary Committee Subcommittee is investigating whether corporations are deliberately trying to hurt and remove smaller rivals.
 
Given the key role these companies have in the lives of the American people, it is important that their CEOs come forward, said Jerrold Nadler, Chairman of the Judiciary Committee, and David Cecilline, Chairman of the Subcommittee, in a joint statement.
 
The CEOs are supposed to avoid criticism of their use of market leverage to hurt competitors by claiming that they themselves face pressure and by debunking arguments that they are too powerful.
 

 






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