Lawmakers Demand Documents From Amazon, Apple, Facebook, Google As Investigation Into Big Tech Widens

Lawmakers Demand Documents From Amazon, Apple, Facebook, Google As Investigation Into Big Tech Widens

by  @lauriesullivan, September 13, 2019

Lawmakers Demand Documents From Amazon, Apple, Facebook, Google As Investigation Into Big Tech Widens | DeviceDaily.com

Leading U.S. lawmakers on Friday announced they are asking Amazon, Apple, Google, and Facebook for internal documents. They have sent each individual company letters asking for documentation around antitrust issues.

“The open Internet has delivered enormous benefits to Americans, including a surge of economic opportunity, massive investment, and new pathways for education online, but there is growing evidence that a handful of corporations have come to capture an outsized share of online commerce and communications,” stated Jerrold Nadler, chairman of the House Judiciary Committee. “It is increasingly difficult to use the Internet without relying on these services.”

The House Judiciary Committee set a deadline of October 14, 2019, to comply with its request. 

Nadler explained that the documents will provide the committee with a better understanding of the degree to which these intermediaries hold market share, how they use that power, and whether they use that share in ways that have harmed consumers and competition.

Leaders of the House Judiciary Committee and its subcommittee on antitrust sent the letters Friday to Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg, Google Founders Larry Page and Sergey Brin, as well as former Google Chairman Eric Schmidt.

The committee sent each company a letter requesting a list of documents based on its goal. For Google, that list includes a recent organizational chart of its U.S. division, and a description of each company product and service listed, such as Ad Mob, AdSense, Analytics 360, Gmail, Google Ads, Google Assistant, Google Search, Waze, and many more.

The letter also requests a list of “all information — whether created by the company or a third party — regarding the U.S. market share” of the company and each of the company’s competitors in any market in which the company offers products or services. The letter also asks for a list of the company’s top ten competitors and by revenue in each of the listed markets, as well as all financial statements dating back to January 1, 2016.

The requests for information about past acquisitions also include information on Google’s attempt to acquire Vevo, a joint company between Sony BMG and Universal Music Group formed in 2009. Warner Music Group joined the partnership in 2016.

Reports suggest Google owns a small percentage of Vevo. 

Facebook’s letter requests information related to the social media platform, ads, messenger, payments, Instagram, WhatsApp, and Oculus. < ?XML:NAMESPACE PREFIX = “O” />< ?xml:namespace prefix="o"?>

MediaPost.com: Search Marketing Daily

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