Congress of the USA Requires to Present Correspondence of the Big Tech Senior Staff

American Congress, processes antitrust investigation of the major IT corporations. Along with Google, the letters were sent to the management of Amazon, Facebook, and Apple, which require to present documents related to the correspondence of their top management.

As the Washington Post informed, the House Judiciary Antitrust Subcommittee required the four Internet giants not only to provide information about internal transactions, including financial reports but also the e-mail correspondence of the senior staff.

Congressmen want to shed light on the monopoly component of these companies in the e-commerce and search engine markets. Among the top managers mentioned by the committee is almost all the management of the IT giants: the head of Facebook Mark Zuckerberg, the head of Amazon Jeff Bezos, the chief of Apple Tim Cook, as well as the co-founders of Google Larry Page, Sergey Brin, and Eric Schmidt.

Committee Chairman Jerry Nadler said that these corporations had captured the Internet. He emphasized that the Internet should be an open-source for economic development and great opportunities. But now there is growing evidence that several corporations have captured a considerable share of online commerce and communications the market.

The publication also adds that in recent years, Google has faced numerous inspections results, especially in Europe, which fined the company more than $9 billion for the competition law violating.

Recall that back in June, there was information that the Federal Trade Commission and the U.S. Department of Justice intend to launch antitrust checks against Google, Facebook, Apple, and Amazon. As a result, the share price of Big Tech dropped down.