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PROBE PANEL: Top execs of Google, Facebook, Amazon & Apple ordered to present emails, detailed financial info
Top executives of tech giants including Amazon.com Inc., Facebook Inc, Apple Inc, and Alphabet Inc’s Google, have been ordered to present internal emails, detailed financial information and other company records.
The order was given by a U.S. House of Representatives panel on Tuesday which now widens the antitrust probe of Big Tech.
Reports say the demand by the panel seeks internal emails over the last decade from Apple CEO Tim Cook, Amazon CEO Jeff Bezos, Facebook CEO Mark Zuckerberg and Alphabet CEO Larry Page, among others, about acquisitions.
READ ALSO: 48 US states open antitrust probe against Google
Monday, the Texas attorney general led a group of 50 attorneys general from U.S. states and territories in a probe of whether Google abuses its market power in advertising.
“There is growing evidence that a handful of corporations have come to capture an outsized share of online commerce and communications,” said House Judiciary Committee chairman Jerrold Nadler, a Democrat, who signed the letters along with Ranking Republican Representative Doug Collins and Representative David Cicilline, who chairs the antitrust subcommittee and ranking Republican Jim Sensenbrenner.
“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,” Collins said in a statement.
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