Friday, 24 March, 2023

Historic antitrust hearing in US concludes that big tech must be broken up, regulated

<p>USA politicians, in a historic Anti-trust hearing, questioned CEOs - Sundar Pichai (Google), Tim Cook (Apple), Jeff Bezos (Amazon) and Mark Zuckerberg (Facebook) on matters of privacy, killing competition, controlling the market, and more. The four of them were also asked whether they thought that the Chinese govt steals tech from the US firms. The hearing concluded that they have monopoly power, need to be broken up, regulated, and held accountable.</p>