The United States wants to show that it has become omnipresent on Amazon, Facebook, Google and Apple. Their complaint is that these big companies are not allowing some potential small companies to grow. They are also sniffing at politics and controlling their business objectives with their free flow of information.
The situation of the chief executives of the top social media Facebook, online e-commerce giant Amazon, technology company Apple and Alphabet, the company that owns the popular search engine Google, was very serious. In such a situation they were seen in a 'virtual congress'. The main topic of the hearing there was ‘Day after day these technology companies became hugely powerful.
Most businesses around the world have been shut down since the corona outbreak. But, even then these technologies were going on. Even in that case, the users use more of these At the same time, their profits have increased a lot through this. It is estimated that the market value of these four companies has increased by about ট্র 5 trillion. Which is definitely a much bigger number.
The antitrust panel of the House Judiciary Committee has been working for a long time to subdue these irresistible companies. There were allegations against Facebook for threatening to buy Instagram. That was stated by the Democrat representative 'Pramila Jayapal'. Then Facebook CEO Mark Zuckerberg condemned it.
There were similar allegations against Apple. The company prevents other apps from becoming popular in the App Store. Also, most people are using only Apple's apps in the App Store.
Similarly, Amazon is destroying the competitive environment in the market by acquiring competing small companies before they develop. However, the executives have denied these allegations.
Apple CEO Tim Cook has spoken out against the allegations. Other CEOs also condemned the same. In particular, Amazon CEO Jeff Bojes is reluctant to accept these allegations.
Also not to be left out is the issue of unjustly sniffing these technology giants in politics. "We're moving our work forward. I think political advertising is definitely an important part of free speech and democratic society," said Google CEO Sundar Pichai.
The hearing comes at a time when US President Donald Trump is pushing Congress to develop effective strategies to quickly control technology companies. He wanted the technology to be discontinued in countries other than the United States. However, that did not happen in the end. Although very few people in our country use Apple phones. However, in most countries of the world, the demand for Apple phones is higher than other phones. Also, the demand for all other technologies has increased so much that it does not seem that these technologies will ever go down.