FILE PHOTO: The logo of Amazon, Apple, Facebook and Google are a combination of photos from Reuters of the files. – REUTERS/File Photo
WASHINGTON (Reuters) – Small tech firms are afraid of retaliation by the big tech companies such as Google and Facebook Inc. as they help in the investigation of the charges, the companies are abusing their enormous power on a market, the head of the U.S. House Judiciary subcommittee leading the probe, said on Thursday.
The House of Representatives Judiciary Committee has opened an investigation into competition in the digital single market at the beginning of this month, shortly after, sources said, is that the U.S. executive branch was gearing up for what could be an unprecedented, wide-ranging investigation of the Amazon.com Inc., Apple Inc., Facebook, and Alphabet, Inc. ‘ s sites.
Representative David Cicilline, a Democrat, and is a top antitrust lawmaker, said on Thursday that many of the small digital businesses are dependent upon the giants for access to the consumer, saying that the relationship she is concerned about the education of their voices, and their concerns about the monopoly power of those platforms.”
“If you look at the size of some of the major platforms, and their ability to exclude some people from the forum can result in the closure of the business,” Cicilline told the crowd of reporters.
“That’s kind of to be the most dangerous a result of the merger, the ability to exclude competitors will put them out of business, reducing innovation and reducing of the enterprise, reduce the choice available to the consumer,” he said.
Cicilline also said that he had been out for most of the major technology platforms — he’s not, and it was said that they are planning to take part in the congressional probe.
Reporting by Diane Bartz; editing by Jonathan Oatis