Tech giants brace for Washington showdown in echo of Bill Gates


  • TECH
  • Tuesday, 16 Jul 2019

(COMBO) This combination of pictures created on July 10, 2019 shows a Facebook logo on July 4, 2019 in Nantes, an Apple logo in San Francisco on September 7, 2016, a Google logo in China's Chongqing on August 23, 2018, and an Amazon logo in New York on September 28, 2011. - US President Donald Trump has ordered an investigation into France's planned tax on internet services that will hit American tech giants especially hard, officials said on July 10, 2019. The investigation into unfair trade practices could pave the way for Washington to impose punitive tariffs, something Trump has done repeatedly since taking office. (Photos by AFP) / - China OUT

US technology giants are headed for their biggest antitrust showdown with Congress in 20 years as lawmakers and regulators demand to know whether companies like Alphabet Inc’s Google and Facebook Inc use their dominance to squelch innovation. 

Executives from Google, Facebook, Apple Inc and Amazon.com Inc are set to appear July 16 before the House antitrust panel, whose Democratic chairman is leading an investigation into the market power of the biggest tech companies and their effect on competition. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says
Google scraps minimum wage, benefits rules for suppliers and staffing firms
Trump media shares gain as it alerts Nasdaq of 'potential market manipulation'
Apple's offer to open up tap-and-go tech to be approved by EU next month, sources say
Dutch privacy watchdog recommends government organisations stop using Facebook
Nigerian court adjourns Binance and executives' tax evasion trial to May 17
Pornhub, XVideos, Stripchat face strict EU rules, Commission says
India's Wipro scrapes past lowered revenue expectations, prioritises growth pick-up
Japanese doctors demand damages from Google over ‘groundless’ reviews
Meta releases beefed-up AI models

Others Also Read