⁍ CEOs of four major tech firms acknowledged concerning behavior in a just-ended hearing on whether they abused their market power.


⁍ ‘What we heard from witnesses at the hearing confirmed the evidence that we have collected over the last year,’ Rep. David Cicilline told Reuters.


– The CEOs of Apple, Google, Facebook, and Microsoft appeared before a House panel on Wednesday to answer questions about alleged anti-competitive behavior in the tech industry, and the chairman of the House Judiciary subcommittee on antitrust tells Reuters that “what we heard from witnesses at the hearing confirmed the evidence that we have collected over the last year.” Apple CEO Tim Cook, Google’s Sundar Pichai, Facebook’s Mark Zuckerberg, and Microsoft’s Satya Nadella all said they hadn’t engaged in any anti-competitive behavior and that they hadn’t abused their market power. Rep. David Cicilline, however, says they did admit to some wrongdoing. “That’s a tremendous concern in the investigation,” he says.



Source: https://www.reuters.com/article/usa-tech-congress-chair/tech-ceos-acknowledged-behavior-of-concern-in-hearing-chair-idUSL2N2F01NY