US tech giants are abusing power, top Democrat tells CEOs

In written testimony released late July 28, the CEOs – (from left) Facebook’s Mark Zuckerberg, Alphabet’s Sundar Pichai, Apple’s Tim Cook, and Amazon’s Jeff Bezos – told Congress that competition is thriving across the tech industry and consumers are benefiting as a result. — AFP

US technology giants have too much power and control over digital markets and are harming workers, consumers and small businesses across the economy, said the Democratic lawmaker leading a US House inquiry into the companies.

Representative David Cicilline of Rhode Island on July 29 leveled a blistering attack against Amazon.com Inc, Facebook Inc, Alphabet Inc and Apple Inc as the companies’ chief executives prepared to testify before the House antitrust committee.