4 Big Tech CEOs take congressional heat on competition
By MARCY GORDON
WASHINGTON (AP) — Fending off accusations of stifling competition, four Big Tech CEOs — Facebook’s Mark Zuckerberg, Amazon’s Jeff Bezos, Sundar Pichai of Google and Tim Cook of Apple — are answering for their companies’ practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry.
The powerful CEOs sought to defend their companies amid intense grilling by lawmakers on Wednesday.
The executives provided bursts of data showing how competitive their markets are, and the value of their innovation and essential services to consumers. But they sometimes struggled to answer pointed questions about their business practices. They also confronted a range of other concerns about alleged political bias, their effect on U.S. democracy and their role in China.
The four CEOs were testifying remotely to lawmakers, most of whom were sitting, in masks, inside the hearing room in Washington.
Among the toughest questions for Google and Amazon involved accusations that they used their dominant platforms to scoop up data about competitors in a way that gave them an unfair advantage.
Bezos said in his first testimony to Congress that he couldn’t guarantee that the company had not accessed seller data to make competing products, an allegation that the company and its executives have previously denied.