US IT4 Denied "Unfairly Profit from an Exclusive Position" at a Public Hearing

US IT4 denies “unfair advantage of monopoly” at a hearing in the assembly July 30, 6:19

It seems that the leaders of four US IT companies, such as Apple and Google, which have made huge profits, are attending the parliamentary hearing at the same time and using their monopoly position to make unfair profits. I argue against these points.

A hearing held at the Judiciary Committee of the House of Representatives on the 29th will investigate whether there was any act that violated the antitrust law, which is a Japanese antitrust law.

Amazon.com's Bezos CEO, Apple's Cook CEO, Google's Pichai CEO, and Facebook's Zuckerberg CEO all attended online.

In the United States, criticism is rising that these giants are using monopoly positions to prevent proper competition, but Amazon Bezos CEO of Amazon, who said at the beginning, said, "Intense competition continues in the global retail market. I said, "and I argued.

Apple's Cook CEO also said, "In the smartphone market, Samsung and Huawei have been successful and fierce competition continues. Apple does not hold a dominant share in any market."

The public hearing, which started on the 30th day of Japan time, is expected to continue for several hours, but in addition to the problem of antitrust law, it seems that severe questions will be asked regarding its relationship with the Chinese market.

President Trump "If Congress Does Not Bring Fairness"

U.S. President Trump said about a parliamentary hearing attended by the leaders of four IT companies, saying, "If Congress does not bring fairness to a giant IT company, I will issue a presidential decree. No action was taken by mouth. People are tired of it."

President Trump has been dissatisfied with huge IT companies, and aims to appeal to IT companies that make huge profits while the new coronavirus puts many people in a financially difficult situation. It seems that there is.