In days ago we read that CEOs of the most recognized companies worldwide (Apple, Amazon, Google and Facebook) had to testify before the United States Congress, to advocate for their organizations, each one of them for almost similar reasons, justify the power their companies have today, and that they are not part of a monopoly, since today, Apple, Google, Amazon and Facebook; They have practically no competition.
In the case of Apple, it is called upon to justify by the restrictions that developers have to be part of the App Store, which are quite strict. Besides including: “the payment of between 15 and 30% of taxes in purchases made through the applications“. In this case, Apple alleges that “these payments are in line with the rates of the competition“.
Amazon, for its part, is subjected to accusations that have to do with stealing information from other companies to develop their own products and at the same time, mistreatment of smaller companies. In turn, the CEO of Amazon also presents accusations for the lack of security measures in the company, during times of pandemic, where there is also talk that several workers have died from the Coronavirus.
The CEO of Google, in his case, appeared before the Council for the accusations and different investigations to which he is subject for “the dominance of Google in the search and advertising market, so they expect to ask Pichai if the company has maintained a fair playing field and how it has done it”. In the same way, it is no secret to anyone that Google continues to regulate search conditions, which makes the meeting between company and client more difficult.
Finally, Facebook, which is involved in US law thanks to the acquisition of large and small companies in recent years, which for the United States government could mean dominance over potential competitors. In addition, it should be remembered that there are many accusations for the misinformation that makes life on the platform and with which Facebook fights in its updates.
And it is that, after the presentation of the representatives and spokesmen of Facebook, Google, Amazon and Apple, before Congress, an item is the common factor and it is about the theft of technology and information by China to which, the CEOs of the companies acknowledged that they have no knowledge about it and have not been participants in these situations first-hand.
On the other hand, “Republican Rep. Matt Gaetz of Florida asked if all companies embrace American values, and they all answered yes.“
In the end, if one thing is clear to us, it is that the United States is concerned about the appropriation and theft of information by the Chinese government. What will happen now?
