Congress gets ready to grill Big Tech with a series of hearings starting next week

Big Tech is about to be flambéed on Capitol Hill yet again. The House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law said Thursday it plans to hold a series of hearings starting next week to "consider legislative proposals to address the rise and abuse of market power online and to modernize the antitrust laws." The first hearing, "Reviving Competition, Part 1: Proposals to Address Gatekeeper Power and Lower Barriers to Entry Online," is scheduled Feb. 25. The hearings are intended to build on the committee's 16-month investigation into competition online, with particular emphasis on the business practices of Google parent Alphabet Inc. , Facebook Inc. , Amazon.com Inc. , and Apple Inc. . Earlier, the House Energy and Commerce Committee announced that Facebook Chief Executive Mark Zuckerberg, Google CEO Sundar Pichai, and Twitter Inc. CEO Jack Dorsey will testify in a March 25 hearing on misinformation online.

Congress gets ready to grill Big Tech with a series of hearings starting next week

Enormous Tech is going to be flambéed on Capitol Hill once more. The House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law said Thursday it intends to hold a progression of hearings beginning one week from now to "consider authoritative recommendations to address the ascent and maltreatment of market power on the web and to modernize the antitrust laws." The main hearing, "Restoring Competition, Part 1: Proposals to Address Gatekeeper Power and Lower Barriers to Entry Online," is booked Feb. 25. The hearings are planned to expand on the advisory group's 16-month examination concerning rivalry on the web, with specific accentuation on the strategic policies of Google parent Alphabet Inc. , Facebook Inc. , Amazon.com Inc. , and Apple Inc. . Prior, the House Energy and Commerce Committee reported that Facebook Chief Executive Mark Zuckerberg, Google CEO Sundar Pichai, and Twitter Inc. Chief Jack Dorsey will affirm in a March 25 hearing on falsehood on the web. Market Pulse Stories are Rapid-fire, short news blasts on stocks and markets as they move.