How Mark Zuckerberg is trying to reduce his exposure to public scrutiny (GOOG) enjoy “monopoly power” and dominate their respective parts of the industry, thanks in part to their control of data.įacebook co-founder and CEO Mark Zuckerberg arrives for testimony before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill Octoin Washington, DC.

In 2020, the Judiciary Committee antitrust panel published a landmark report summarizing the results of its investigation into Big Tech, finding that Amazon, Apple (AMZN) may face more legal troubles ahead beyond those directly related to its business practices. (AMZN) as it seeks antitrust approval for its acquisition of MGM, and as lawmakers continue to weigh a raft of bills targeting competition in digital markets. The letter threatens to focus even greater scrutiny on Amazon The lawmakers further allege the company “engaged in a pattern and practice of misleading conduct,” which may have been an attempt “to influence, obstruct, or impede” the House committee’s investigation. In a letter to Attorney General Merrick Garland dated March 9, members of the House Judiciary Committee say “Amazon lied through a senior executive’s sworn testimony” about how the company had used the data it collects from third-party sellers. House lawmakers who spent much of 20 probing Amazon for possible antitrust violations now accuse the tech giant of lying to Congress and want the Justice Department to investigate “potentially criminal conduct” from the company and some of its executives.

Amazon gets antitrust scrutiny on data