U.S. Authorities investigate, suspecting these companies in violation of antitrust laws. Namely the fact that they use market dominance to eliminate competitors and further strengthening its monopoly. Because the total market value of these four giants of Silicon valley exceeds the size of the entire economy of Germany. “Whether it’s control over access to information or to the market, these platforms are the motives to use this power. They can take a huge Commission to impose disadvantageous contracts and extract important business information from those people and companies that depend on them, – said the head of the Subcommittee David Ciciline. – Simply put: you have too much power.”
Some of the answers only fueled the suspicions of congressmen. For example, the head of Amazon Jeff Bezos refused to rule out his staff to promote products under its own brand secretly used data from independent vendors on the site Amazon. In other words, when independent sellers enter into a contract with Amazon to sell on the site of this company that uses their data to essentially squeeze them from the market.
Although acute issues on the five-hour hearing was a lot, it is not clear exactly how the policy is going to force IT giants to listen. Washington is contemplating more stringent regulation companies in Silicon valley and even try on to divide them into smaller, even though it is considered an extreme measure.
As often happens in today’s polarized to the limit America, the congressmen could not resist the inter-party clashes, which took almost half of the hearings. Republican Congressman Jim Jordan raised painful for his party the issue, especially ahead of the upcoming General elections in the United States, accusing IT company to be sympathetic to the Democrats. He and his party believe that the platforms of the Quartet clearly diskriminerad conservative views, in fact interfering in the internal politics. The Congressman demanded to guarantee that Google will not try to help the election of Democrat Joseph Biden.
the head of the company Sundar Pichai these suspicions were rejected, saying that the party preferences Google does not have.
meanwhile US President Donald trump on the day of the hearing threatened to take their own action against the “Quartet”, if this is not done by the Congress.
President of the United States Donald trump in Twitter took the unprecedented for the country proposal to postpone presidential elections from November 3, at a later date. He explained that thus wants to avoid voting by mail, which identified certain regions due to pandemic COVID-19. “If there is a common voting by mail, the election 2020 will be the most inaccurate and fraudulent��suspended in history,” – said trump, who will compete for a second term. Meanwhile, the authority to postpone the election had not. This question is in the competence of Congress, the lower house which is controlled by the opposing Democrats to the President.
