Big Tech CEOs ready defences for US Congress hearing into their growing power

The chief executives of four of the largest US tech companies plan to deflect criticism next week in a Congressional hearing into their use of market power to hurt rivals by saying they themselves face competition and by debunking claims they are so dominant.
The CEOs of Facebook, Amazon.com Inc, Alphabet’s Google and Apple, are set to speak before the House Judiciary Committee’s antitrust panel on July 27. They will present their testimonies virtually, according to sources familiar with their plans.
The panel is questioning the companies as part of its sweeping probe into whether they actively work to harm and eliminate smaller rivals, while not always making the best choices for their customers.

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