Tech CEOs Face questions from the White House Judiciary Subcommittee on Antitrust about their dominance in the market. Image Courtesy – The New York Times
Tech CEOs of the big companies like Facebook, Apple, Amazon and Google had to face a set of questions about the practices of their companies and their dominance in the market. The White House Judiciary Subcommittee on Antitrust questioned the 4 CEOs – Mark Zuckerberg, Tim Cook, Jeff Bezos and Sundar Pichai accordingly on their worldwide business.
President Donald Trump has been continued his operation against the big tech companies. The law department of the US has requested Congress to return the legal protections which have been held for a long time for the online platforms like Facebook, Google and Twitter.
The influential people of the world had to face such questions even before. Google CEO Sundar Pichai, Facebook CEO Mark Zuckerberg, Microsoft CEO Bill Gates have already been held accountable for the details of their global business. All four CEOs responded by defending themselves in this year’s panel of anti-trust committee. The attraction of the conference was mostly around the Google CEO Sundar Pichai.
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Google has a world-wide market and its market is booming with the involvement of billions of customers. David Cecilin, a US Democrat and the Chairman of the Anti-Trust Subcommittee, alleged that Google was sealing information to maintain its domination in the market. He said that the US Democrats have little or no information about the growth of the information technology business of Google. The Democrats also accused Google of stealing reviews from other businesses to attract their customers and also raised a question on Google’s search engine.
Aiming at Sundar Pichai, the anti-trust committee fired directly at the question, “How can Google unethically steal information from other companies to capture the market?” In response to this question, Sundar Pichai said that there is no need for Google to steal the information of the customers. Companies like Google can maintain the quality of their technology. Google CEO said, “We give our best. We have maintained our standard. There is no need to steal information from other companies to win the hearts of the customers.”
Facebook CEO Mark Zuckerberg was asked about his advertising strategy. Zuckerberg has previously been criticized for spying on political ads on Cambridge Analytica and Facebook. The Amazon CEO Jeff Bezos also questioned whether any unethical approach was being taken in the fight for market share. However, he said that Amazon is honest and proud of its business. There is no question of any mistake.
