Monday was to be a historic day. Mark Zuckerberg, Jeff Bezos, Tim Cook and Sundar Pichai – the CEOs of Facebook, Amazon, Apple and Google-owned Alphabet – were. However, the hearing is now officially postponed, according to the commission. Late Thursday, a source familiar with the matter said the hearing would most likely be delayed.
A scheduling conflict is to blame. The late John Lewis, a Democratic representative and civil rights leader who died last week of pancreatic cancer, will remain in state Monday in the Capitol Rotunda, it was announced Thursday.
The tech giants’ meeting was scheduled to take place at noon. A new date for the hearing has not yet been confirmed, the source said. Axios reported earlier that the hearing would likely be delayed.
The House is expected to be suspended for the entire month of August, so it’s unclear whether the hearing could be rescheduled after Labor Day.
For months, the antitrust hearing has aimed at getting four of tech’s most powerful CEOs to defend charges of monopoly behavior. The four tech giants have come under intense scrutiny over the past year by lawmakers and regulators, who not so long ago saw Silicon Valley in a much more light. positive. Now officials are worried about the growing dominance of these companies in the market, which could crush the competition.
During, small tech companies have complained about unfair business practices by tech giants. Sonos CEO Patrick Spence told lawmakers that Google has tried to curb his company’s innovations and wanted information on Sonos’ future product plans. His bone , claiming the company stole its wireless speaker technology. David Barnett, CEO of PopSockets, slammed Amazon for ignoring the counterfeit issues it had raised for months, intimidating it into lowering its prices.
“There is such a dominant power with these companies that even as a company of our size, you feel like you have no choice,” said Spence.
The process of bringing the four CEOs before the committee was not without drama. Representative David Cicillin, who heads the House subcommittee, threatened in May toafter sending a calling for his testimony. Bezos agreed to appear in June.
Richard Nieva of CNET contributed to this report.