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ARTICLE · 09 NOVEMBER 2020

Key Highlights From The U.S. Antitrust Sub-Committee Hearings

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This article briefly discusses some of the key issues that were raised in the hearings held by the U.S. Antitrust Sub-Committee with the CEOs of Amazon, Apple, Facebook and Google.

IndiaCorporate/Commercial Law
Rishwin Jethi
Rishwin Jethi
Saumya Jaju
Saumya Jaju
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The Antitrust Sub-Committee ("Sub-committee") of the U.S. House Judiciary Committee conducted a hearing to examine the alleged dominance by Amazon, Apple, Facebook and Google ("GAFA Companies") today. C.E.O.s of the GAFA Companies: Sundar Pichai (Google), Tim Cook (Apple), Mark Zuckerberg (Facebook), and Jeff Bezos (Amazon) were interrogated by the Sub-committee.

The hearings have been compared with the 1994 'Big Tobbaco' hearing, where CEOs of US tobacco companies had controversially testified before a Sub-Committee on Health and Environment that 'nicotine is not addictive'.

Key highlights of the hearing:

  1. On Amazon's relationship with third-party sellers - Many instances of Amazon competing with third-party sellers on its platform were brought forth by the Sub-Committee. It was alleged that Amazon "undercuts the prices set by sellers" in order to promote its own products on its platform. Jeff Bezos stated that Amazon has helped many third-party sellers to

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