Facebook CEO to defend company before Congress at Big Tech hearing

Tech

FILE – In this Friday, Oct. 25, 2019, file photo, Facebook CEO Mark Zuckerberg speaks about “News Tab” at the Paley Center, in New York. (AP Photo/Mark Lennihan, File)

WASHINGTON (News Nation) — Facebook Chief Executive Mark Zuckerberg will defend the social media powerhouse before a U.S. House of Representatives hearing Wednesday on the market power of major tech firms.

Zuckerberg’s written testimony, made public on Tuesday, argues that the social media company became successful “the American way: we started with nothing and provided better products that people find valuable.”

He added that the company competes as “vigorously as we can within the rules.” Also testifying are the CEOs of Amazon.com Inc, Alphabet Inc’s Google and Apple Inc.

The House Judiciary subcommittee on antitrust is capping its yearlong investigation of Big Tech’s market dominance with Wednesday’s teleconferenced hearing spotlighting the four CEOs: joining Zuckerberg in testifying remotely is Amazon CEO Jeff Bezos, Google’s Sundar Pichai and Tim Cook of Apple. It will be Bezos’ first-ever appearance before Congress.

This combination of 2019-2020 photos shows Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google CEO Sundar Pichai and Facebook CEO Mark Zuckerberg. On Wednesday, July 29, 2020, the four Big Tech leaders will answer for their companies’ practices before Congress at a hearing by the House Judiciary subcommittee on antitrust.  (AP Photo/Pablo Martinez Monsivais, Evan Vucci, Jeff Chiu, Jens Meyer)

Critics question whether the companies stifle competition and innovation and pose a danger to society. The Judiciary panel collected testimony from mid-level executives of the four firms, competitors and legal experts, and pored over more than a million internal documents from the companies.

You can stream the hearing live right here on NewsNationNow.com

The Associated Press and Reuters contributed to this report.

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