The CEOs will face lawmakers Wednesday for a hearing on digital competition that could have cataclysmic impacts on an industry largely unmoored by regulators.
and Sundar Pichai , will be done by the House Judiciary Antitrust Subcommittee as part of its ongoing, year-long investigation into competition in the digital market."Given the central role these corporations play in the lives of the American people, it is critical that their CEOs are forthcoming," House Judiciary Committee Chairman Jerrold Nadler, D-N.Y., and Antitrust Subcommittee Chairman David Cicilline, D-R.I., said in a joint statement earlier this month announcing the hearing.
"There are now 1.7 million small and medium-sized businesses around the world selling in Amazon's stores," Bezos wrote."More than 200,000 entrepreneurs worldwide surpassed $100,000 in sales in our stores in 2019. On top of that, we estimate that third-party businesses selling in Amazon's stores have created over 2.2 million new jobs around the world."
Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google CEO Sundar Pichai and Facebook CEO Mark Zuckerberg.In his prepared remarks, Cook described Apple's origin and said the company's success"is only possible in this country."
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