Amazon, Apple, Facebook and Google demanded to hand over internal documents amid antitrust probe
Amazon, Apple, Facebook and Google have all been sent letters by the House Judiciary Antitrust Subcommittee demanding internal documents to be shared.
Jeff Bezos, Mark Zuckerberg and Apple’s chief executive Tim Cook are all executives named in the house’s request, as the probe into the companies’ impact on consumers and market competition gathers pace.
The investigation is hoping to determine “the degree to which these intermediaries enjoy market power, how they are using that market power, whether they are using their market power in ways that have harmed consumers and competition, and how Congress should respond.”
All four of these tech giants have until October 14 to respond to the information requests, which could unveil potentially compromising internal documents.
The documents requested will lay bare how the businesses are structured, including how search results listings are constructed and how other businesses use their services.
“The open internet has delivered enormous benefits to Americans, including a surge of economic opportunity, massive investment, and new pathways for education online,” Committee chairman Jerrold Nadler said.
“But there is growing evidence that a handful of corporations have come to capture an outsized share of online commerce and communications.”
Doug Collins, another senior member of the House Committee added: “This information is key in helping determine whether anticompetitive behavior is occurring, whether our antitrust enforcement agencies should investigate specific issues and whether or not our antitrust laws need improvement to better promote competition in the digital markets.”