July 30, Hr 1 Author Iain Murray - burst 02

Automatic TRANSCRIPT

Collision specialists, studios, Yup. Chief executives of Amazon facebook, apple, and Google, well, they faced. It's something that well, our lawmakers can agree upon an. kind of universal criticism that this congressional hearings, yesterday Democrats and Republicans alike finding consensus challenging their business practices over more than five contentious our hey, at least they got to talk unlike. Bill barred the day before now according to a piece out of the wall, Street Journal by Ryan. Tracy the session conducted via video conference, because of of course, the coronavirus pandemic laid, bare, a deep rooted frustration with some of the country's most successful companies in a moment when well, all of us rely upon them more than ever also highlighted the threat to the companies from ongoing investigations by anti-trust authorities with lawmakers, citing internal company emails and witness interviews as evidence that well, all of these platforms improperly abused their rather dominant position tone of the questions directed at. Amazon's Jeff Bezos facebook mark. Zuckerberg, at Apple's Tim. Cook, and Google's Sundar Pichai was almost universally hostile across the board representative David. Sissy Lean chairman of the House Judiciary anti-trust subcommittee kicked off the hearing by declaring our founders would not bow before king. Nor should we bow before the emperor's of the online economy? kind of went downhill from there. Executive Course defended their company's practices and said. They will face a stiff competition that forces them to serve customers and innovate lawmakers for their part whipsawed between topics from how the company's moderate social media posts. All know they would never would they to the tactics they use to gain sizable positions markets from digital advertising ECOMMERCE. The CEOS had sought to testify jointly in approach that made it harder for the interrogators to sustain pressure on any one witness now. Now Zach. Robert. Face a series of questions about facebook's acquisition strategy Mr. Pichai defended Google from a litany of allegations ranging from taking advantage of its dominant online search engine to its work in China lawmakers in both parties accused Mister Bay. So some presiding over bullying of independent sellers on the Amazon marketplace citing reports. In The Wall Street Journal that employees had used seller data to launch competing products apple. Got, fewer questions than the other companies with Mr Cooke at defending its policies on its APP stores. But you know at the best part was we all discovered something yesterday that we indeed do have something in common, which

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