Amazon's Jeff Bezos, Facebook's Mark Zuckerberg, Sundar Pichai of Google and Apple's Tim Cook will appear as part of an antitrust probe being done by the House Judiciary Committee's antitrust panel, the sources said. The House antitrust panel led by House Rep David Cicilline, a Democrat from Rhode Island, threatened to subpoena Bezos, the world's richest man whose personal fortune is estimated by Forbes to be worth $166.3billion. In February, the federal government said it was ramping up its year-long investigation of the five dominant tech companies, who were asked to provide information on their acquisitions dating back to 2010. Google faced antitrust scrutiny more than a decade ago over its acquisition of DoubleClick, a competitor in digital advertising. Apart from the government and congressional investigations, state attorneys general from both political parties are conducting antitrust probes of Google and Facebook.

Source: Daily Mail July 02, 2020 15:10 UTC