CEOs Mark Zuckerberg, Tim Cook, Jeff Bezos,Sundar Pichai Testify Before House
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I could certainly be very wrong, but this just seems like a circus act. Everyone is going to express their outrage but will there be an real change?
Will Apple have its 30% cut of app-store sales changed?
Will google stop showing google results at the top?
Will google be forced to actually not show ads on trademarked brands for their competitors?
edit/P.S.: I don't mean to sound sorry for big tech. They're not some poor unsuspecting victims. I'm just worried that they'll try to use this hearing, especially the vague "anti-conservative bias" questions, in order to trick people into supporting EARN IT.
Because it is very entertaining.
I just wanted to make sure that it was purely for entertainment and I wasn't missing something about the bigger picture here. =]
The bizarro world going on between D's and R's alternating questions about antitrust and voting conspiracies is pretty funny and seeing CEOs who are surrounded by hand picked yes men getting squirmy at times trying to dodge combative questions, makes for entertaining episode of mid-day Maury Congress Edition but that's about it.
Then, when people like Warren draft policy to, for example, introduce the concept of platform businesses so, for example, Amazon can't directly compete on the platform they own the data from, it won't fall on deaf ears.
Tech giants aren't angels, and ideally should reduce some of their anti-competition practices, but I don't think that's what this is really about.
Edit: This is hilarious, clueless congressman don't know what platform he is talking about. Trump Jr. was banned on Twitter and he asks Zuckerberg why he banned him.
All of them are on at once, and the congresspeople can choose who to target with questions. It's wild.