Big Tech CEOs tell Congress they do not stifle competition

Big Tech CEOs tell Congress they do not stifle competition

The scrutiny of Big Tech could lead to new restrictions on its power, though forced breakups appear unlikely.

The bosses of Amazon, Apple, Facebook and Google have fended off accusations that their companies stifle competition, under intense questioning from politicians who have been investigating Big Tech’s market dominance.

Amazon’s Jeff Bezos, in his first appearance before Congress, Facebook’s Mark Zuckerberg, Sundar Pichai of Google and Tim Cook of Apple sometimes struggled to answer questions about their business practices even as they provided data highlighting how competitive their markets are and the value of their innovation and essential services to consumers.

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