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Amazon, Apple, Facebook and Google to testify in the Congress of Competition



Both Democrats and Republicans have been concerned that only a handful of companies not only have control over the Internet (and the technology as a whole), but can abuse their power to push out competition. The study will not necessarily lead to action, but it can help politicians determine whether any problems can be solved through existing laws or can be solved through new legislation.

It is expected that these companies will fight accusations of anti-competitive behavior. Apple has rejected the idea that the App Store is a monopoly, for example, while Google has fought antitrust fines in Europe. They have often argued that they also do not reach the level of a monopoly (as with Apple) or that they do not lock customers in like dominant technology companies in the past.

Still, they are obliged to feel nervous The reports have swirled by regulators who share the supervision of specific businesses prior to possible actions, while more than one presidential candidate has spoken of breaking up tech giants in an attempt to maintain competition. The regulation is in the air ̵

1; this testimony may just be the forefront of more significant movements.


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