On July 27, Mark Zuckerberg, Sundar Pichai, Tim Cook, and Jeff Bezos will testify before the House Judiciary Committee. This will be among the final steps in the Committee’s antitrust investigation into America’s tech giants and the U.S. digital marketplace. The four CEOs are expected to answer questions about the relationship between their markets and existing regulations, as well as how their platform roles affect smaller competitors and consumers.
Such questions are valid. Regulations have not kept pace with evolving digital marketplaces. But the July 27 hearing – and the Judiciary Committee’s investigation writ large – risk overlooking the real threat to competition: The Chinese Communist Party.Read More…