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Huge Tech CEOs prepared defenses for U.S. Congress listening to into their rising energy

The chief executives of 4 of the most important U.S. tech firms plan to deflect criticism subsequent week in a Congressional listening to into their use of market energy to harm rivals by saying they themselves face competitors and by debunking claims they're so dominant.
The chief executives of four of the largest U.S. tech companies plan to deflect criticism next week in a Congressional hearing into their use of market power to hurt rivals by saying they themselves face competition and by debunking claims they are so dominant.

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Author: Nandita Bose

Nandita Bose has recently written 5 articles on similar topics including :
  1. "The chief executives of Facebook and Twitter are set to testify before a congressional hearing on Tuesday that will explore their content moderation practices as Republicans accuse social media companies of censoring conservative speech". (November 17, 2020)
  2. "The U.S. Senate Commerce Committee chaired by Republican Senator Roger Wicker will issue subpoenas to the chief executives of Twitter Inc, Alphabet Inc's Google and Facebook Inc if they do not agree to testify at a hearing on Oct. 1". (September 24, 2020)
  3. "A much-anticipated deep dive into antitrust allegations against four of America's largest tech companies and recommendations on how to tame their market power could be released by late summer or early fall from the House of Representatives Judiciary Committee's antitrust panel, senior committee aides said". (July 24, 2020)
  4. "Facebook Inc on Friday pushed for legislation that makes it easier for users to transfer photos and videos to a rival tech platform, in comments it sent to the Federal Trade Commission ahead of a hearing on the topic on Sept. 22". (August 21, 2020)
  5. "Three Democratic members of the U.S. House of Representatives on Tuesday urged Facebook Inc to enact the policy recommendations of the company's oversight board, empowering the independent group of advisers, which the lawmakers said have limited responsibilities". (August 11, 2020)
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