Facebook CEO Mark Zuckerberg testified on antitrust issues

Facebook chief executive Mark Zuckerberg testified before the Federal Trade Commission earlier this week as part of an investigative hearing into antitrust concerns surrounding the social network, a representative for the company said Thursday.

The testimony, which was conducted remotely and took place over two days, came as Facebook, Google, Amazon and Apple have faced scrutiny in Washington over how they use their market power.

In last month's House Judiciary hearing, Zuckerberg defended his company's practices and instead sought to direct the lawmakers' scrutiny onto other tech firms.

While it is customary for top executives to be interviewed in federal investigations, the FTC's decision to question Zuckerberg is particularly notable because it had neglected to interview him in a previous investigation surrounding the Cambridge Analytica scandal.

Original article
Author: Nbcnews

Go to NBCNews.com for breaking news, videos, and the latest top stories in world news, business, politics, health and pop culture.

Nbcnews has recently written 6 articles on similar topics including :
  1. "“The amount of our budget that goes toward our safety systems is greater than Twitter’s whole revenue this year,” Zuckerberg said". (May 23, 2019)
  2. "Zuckerbergs comment came after he was asked for thoughts on Twitters decision to start fact-checking the tweets of President Donald Trump". (May 28, 2020)
  3. "The Facebook CEO said of a post about shooting alleged looters in Minneapolis: "people need to know if the government is planning to deploy force". (May 30, 2020)
  4. "In a staff-wide call that Facebook employees described as both tense and awkward, Zuckerberg sought to explain to frustrated employees his reasoning". (June 2, 2020)
  5. "We are going to be the most forward-leaning company on remote work at our scale, the Facebook CEO said in an interview". (May 21, 2020)
  6. "The social network's CEO said that in a few years, encrypted messaging would surpass public posts on services such as Instagram and Facebook". (March 6, 2019)
Posted on  , , ,