A PYMNTS Company

Tech Giants Draw Fire in Congress

 |  July 17, 2019
Concerns about the power of the major technology companies echoed across the nation’s capital on Tuesday, with politicians in both parties demanding more regulatory scrutiny of the tech giants’ reach and plans for expansion.

In three hearings, which were focused on Facebook Inc.’s cryptocurrency plans, alleged Google censorship, as well as on an antitrust examination of Facebook, Google, its owner Alphabet Inc., Amazon.com Inc. and Apple Inc., the companies took punches on a range of political and policy issues.