Friday, December 13, 2024
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Apple CEO Tim Cook will participate in House’s antitrust hearing

Apple CEO Tim Cook will participate in an antitrust hearing held by the House Judiciary Antitrust Subcommittee on Monday, July 27, the Judiciary Committee has announced.

“Since last June, the Subcommittee has been investigating the dominance of a small number of digital platforms and the adequacy of existing antitrust laws and enforcement,” the Committee said in the announcement. “Given the central role these corporations play in the lives of the American people, it is critical that their CEOs are forthcoming. As we have said from the start, their testimony is essential for us to complete this investigation.”

Last month the U.S. House Judiciary Committee sent letters to Apple, Alphabet, Amazon and Facebook asking whether their CEOs plan to participate in a series of antitrust hearings slated for July. The letters raise the prospect of subpoenas to force testimony and document production if the companies don’t comply voluntarily.

“These are documents that are essential to complete our ongoing, bipartisan investigation of the digital marketplace,” antitrust subcommittee chairman David Cicilline said in a statement obtained by  Axios. “This is the appropriate process to secure their production.”

 Documents the lawmakers are after include materials the companies have produced in response to other competition probes and internal communications. They also pose a range of questions to each company on issues related to possible competitive harms. 

 House Judiciary Committee leaders from both parties want the companies to fork offer reams of documents including executive communications and financial statements as well as information about competitors, market share, mergers and key business decisions.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.