Axios has learned that house antitrust investigators are pushing the CEOs of Alphabet, Facebook, Apple and Amazon to testify, as a part of Judiciary Committee’s tech competition probe by Sunday.
The big picture: The power of the biggest tech companies platforms will heat up as the public examining their heads.
Details:
This week judiciary Committee sent companies letters, seen by Axios, to seek the answers and documents of CEO testimony question. In next month the panel wants a hearing with executives.
- If companies don’t comply voluntarily the letters; if the prospect of subpoenas to force document production and testimony.
- David Cicilline, antitrust subcommittee chairman says in a statement that to complete our ongoing digital marketing bipartisan investigation of, these documents are essential. To secure the production, this is the appropriate process.
- The lawmakers are after the papers, which include the materials that companies have produced in response to other internal communication and competition probes. A range of questions has been asked to each company on the issues related to possible competitive harms.
- In last month, a bipartisan group of lawmakers raised the prospect to complete Jeff Bezos, Amazon CEO, to testify in a letter.
Background: Cicilline has said he needs to hear straightforwardly from the CEOs as a component of the review, which is set to at last produce a report with findings from the test and potential recommendations for refreshing antitrust law.
