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Amazon’s Jeff Bezos, Apple’s Tim Cook, Facebook’s Mark Zuckerberg and Google’s Sundar Pichai safeguarded their companies.
Amazon manager Jeff Bezos said the world “needs big” firms, while the heads of Facebook, Apple and Google argued their companies had actually spurred development.
Some critics want the companies broken up.
Congressman David Cicilline, a Democrat leading the congressional committee holding the hearing, stated a year-long investigation by lawmakers had actually exposed patterns of abuse by the online platforms.
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In action to claims Google had stolen content, Google manager Sundar Pichai stated the firm held itself to the “greatest basic”.
Mr Cicilline stated Amazon had a fundamental dispute of interest, given that it both hosts sellers and contends versus them by offering comparable items. Such practice has also come under analysis from European regulators.
” Amazon’s dual function … is essentially anti-competitive and Congress m